According to Crypto Rover, Trump Media has officially closed its Bitcoin treasury deal, marking a significant move by a major US media entity into cryptocurrency holdings (source: Crypto Rover, Twitter, May 30, 2025). This strategic acquisition positions Trump Media as one of the growing number of publicly known companies adding Bitcoin to their balance sheets, a trend previously seen with firms like MicroStrategy. The development is expected to boost institutional confidence in Bitcoin as a treasury asset, potentially increasing demand and supporting positive price momentum in the broader crypto market.

According to Pentoshi on Twitter, Trump Media has announced the addition of up to $2.5 billion in Bitcoin (BTC) to its treasury, while Sharplink is allocating $425 million in Ethereum (ETH). These significant treasury moves by high-profile companies underscore growing institutional adoption of major cryptocurrencies. For traders, such large-scale acquisitions can increase buying pressure and boost market confidence, potentially influencing short-term price surges for both BTC and ETH. The announcements highlight a strengthening trend of corporate balance sheets integrating digital assets, which may lead to increased volatility and liquidity in the crypto market. Source: Pentoshi (@Pentosh1), May 27, 2025.