PANews reported on May 27 that according to StreetInsider, Trump Media announced that it will launch a Bitcoin treasury strategy of approximately $2.5 billion, aiming to include BTC in its asset reserves for financial stability and long-term value storage. The company's CEO and chairman Devin Nunes said that BTC will enter the company's asset portfolio as the "apex tool for financial freedom" and will be used for subscription payments, utility tokens and related transactions on platforms such as Truth Social in the future.