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Donald Trump’s Media Conglomerate Is Becoming a Bitcoin Reserve

Joel Khalili

created: May 27, 2025, 6:12 p.m. | updated: May 30, 2025, 1:21 p.m.

But Trump Media and Technology Group appears to have since changed its tune. The president’s sons Eric Trump and Donald Trump Jr. meanwhile, have promoted a separate crypto services company, World Liberty Financial, and recently established a bitcoin mining business, American Bitcoin. “American Bitcoin is literally that playbook.”In May, Eric Trump announced plans to take American Bitcoin public. Like TMTG, the company intends to accrue a large bitcoin treasury and turn itself into a bitcoin accumulation stock. "Our vision for American Bitcoin is to create the most investable bitcoin accumulation platform in the market," he said when he announced the plan.

1 week, 3 days ago: WIRED