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Trump Bets Everything on Bitcoin: The Family Empire Tied to Crypto
During his second term in office, President Donald Trump is tying his family’s financial future to Bitcoin. His media company is planning a multi-billion-dollar crypto investment — and it's not the only Trump-connected entity going all in. Is this a bold vision or a risky all-or-nothing gamble?
Trump Media Plans to Buy $2.5 Billion in Bitcoin Trump Media and Technology Group, the parent company of Truth Social, has announced an ambitious plan to raise $2.5 billion to buy Bitcoin. Financial firm Cantor Fitzgerald is advising the deal, which is expected to close by May 29. The company plans to raise funds by selling $1.5 billion in stock and issuing $1 billion in convertible bonds. With only $759 million in cash and investments reported last quarter, raising new capital was necessary to fund the move. CEO Devin Nunes called Bitcoin “the ultimate tool for financial freedom” and confirmed that this crypto purchase would mark a key turning point for the company.
The Trump Family Takes the Lead in the Crypto Push Trump’s support for crypto is no longer just political — it’s personal. He’s appointed crypto-friendly regulators, halted federal prosecutions of blockchain firms, and granted pardons to industry figures. Now, Donald Trump Jr. and Eric Trump are taking center stage, promoting cryptocurrencies around the world. They've spoken at conferences in Dubai, Abu Dhabi, and Washington, and are set to appear in Las Vegas this week alongside Vice President J.D. Vance. Their involvement is drawing criticism over potential conflicts of interest, especially now that the family’s financial health is increasingly linked to Bitcoin’s price.
Truth Social Is Bleeding Money, Yet Trump Holds His Stake Trump’s social media platform Truth Social is not doing well financially. Last quarter, it generated just $820,000 in revenue and posted a $38 million loss. For all of 2024, the company reported a net loss of $401 million. Still, Trump maintains a $2.6 billion stake in the company through a trust managed by Donald Jr.
Trump-Linked Companies Enter the Crypto Arena After the Trump Media announcement, other companies in Trump’s orbit followed suit: 🔹 PSQ Holdings, where Donald Jr. is on the board, said it would begin exploring crypto holdings as part of its assets.
🔹 Strive Asset Management, co-founded by Vivek Ramaswamy, launched a $750 million Bitcoin fund on the same day.
🔹 A new venture, Twenty One Capital, is being developed in collaboration with Tether, Softbank, and the family of Commerce Secretary Howard Lutnick. Trump’s crypto connections run deep. Heavyweights like Michael Saylor’s Strategy and Elon Musk’s Tesla already have major Bitcoin investments. Japanese firm Metaplanet, where Eric Trump now serves as an advisor, is also aggressively adding crypto to its portfolio. New to the field is Hut 8, now a majority shareholder in a Bitcoin mining venture backed by the Trump family — yet another sign of full-scale entry into the crypto space.
Bitcoin Soars — But Trump Media Plunges While all the attention has sent Bitcoin skyrocketing, surpassing $112,000 last week to hit a new all-time high, Trump Media’s stock has moved in the opposite direction. Since Trump’s re-election in November, Bitcoin is up 55%, but Trump Media shares are down 34% — a stark contrast that highlights just how volatile this strategy remains.
🔹 One-Minute Summary Donald Trump is tying his family's fortune to Bitcoin. Trump Media plans to invest $2.5 billion in BTC, while his sons tour the world promoting crypto. Other Trump-linked companies are jumping into the market too. Bitcoin is breaking records — but Trump Media stock is falling. It's a bold bet that could reshape the crypto and political landscape alike.
🤔 Is this a genius move or a dangerous gamble with the Trump empire?
#TRUMP , #bitcoin , #CryptoPolitics , #BTC , #CryptoMarketTrend
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