US President Donald Trump’s media company, Trump Media, has announced plans to purchase $2.5 billion worth of bitcoin as part of its investment strategy. This deal marks the latest move by companies linked to President Trump and his family into cryptocurrency investments.
A correction was made earlier to this article after it incorrectly stated Howard Lutnick’s former role at Cantor Fitzgerald as founder, when in fact he held a chief executive position. The New York Times apologizes for any confusion caused and encourages readers to report any errors or inaccuracies at [email protected].
Source: https://www.nytimes.com/2025/05/27/business/trump-media-bitcoin.html