---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-020967"
form_type: "8-K"
ticker: "DJT"
cik: "0001849635"
company_name: "Trump Media & Technology Group Corp."
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T04:49:03.594234+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Trump Media closes $2.44B capital raise; to create Bitcoin treasury with net proceeds ~$2.32B

## Summary
- Sold 55,857,181 shares at $25.72 for $1.44B and $1.0B zero-coupon convertible notes due 2028 at $34.72 conversion price.
- Net proceeds of ~$2.32B to be used to build a Bitcoin treasury; company also has $759M in existing cash/cash equivalents.
- Bitcoin custody via Crypto.com and Anchorage Digital; aims to become top U.S. public Bitcoin holder.
- Notes convertible at $34.72 (~135% premium to May 27 close); holders can require repurchase on Nov 30, 2026.

## SEC filing metadata
- accession: 0001140361-25-020967
- form_type: 8-K
- ticker: DJT
- cik: 0001849635
- company_name: Trump Media & Technology Group Corp.
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849635/000114036125020967/0001140361-25-020967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849635/000114036125020967/ef20049966_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-020967
- JSON: https://secwatch.observer/filing/0001140361-25-020967.json
- Plain text: https://secwatch.observer/filing/0001140361-25-020967.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.