Trump Media & Technology Group, the parent company of Truth Social, has invested $2 billion in Bitcoin and cryptocurrency assets, according to a press release issued Monday.
CEO Devin Nunes said the move was designed to protect the company from potential “discrimination by financial institutions.”
The bold investment underscores the Trump family’s growing alignment with the crypto industry, which has become a central theme of President Trump’s post-White House economic agenda. Since January, the Trump camp has steadily embraced digital assets, including NFTs and pro-Bitcoin campaign messaging.
“This strategic diversification will ensure operational independence and freedom from politically motivated financial targeting,” Nunes stated.
The sizable crypto purchase comes as Trump ramps up his campaign against what he has called "woke capital," positioning cryptocurrency as a safeguard against establishment control of financial systems.