Trump Media Just Bought $2 Billion in Bitcoin - Will Solana Be Next?
2025-07-22
Donald Trump's media company, Trump Media & Technology Group (TMTG), has made a very big move in the world of digital money. On July 21, 2025, the company announced that it had purchased about $2 billion worth of Bitcoin.
That’s a lot of money! This huge purchase means Trump Media now owns more Bitcoin than almost any other company, only behind tech giant MicroStrategy.
Let’s take a closer look at what this means, why they did it, and whether Solana (another popular cryptocurrency) might be next on their list.
Why Did Trump Media Buy Bitcoin?
Earlier this year, Trump Media raised $2.5 Billion through stock sales and special financial deals called convertible notes. They used most of this money, about $2 billion to buy Bitcoin.
This is part of a new plan they are calling their Bitcoin Treasury Strategy. There are a few big reasons why they made this move:
Financial Freedom
Trump and his team say that owning Bitcoin helps them stay free from traditional banks and financial groups that might treat them unfairly.
Strong Beliefs
Trump has often spoken positively about cryptocurrencies like Bitcoin. He wants the U.S. to be a world leader in crypto.
Long-Term Investment
They believe Bitcoin will go up in value over time, making it a smart place to store money. On top of the $2 billion in Bitcoin, the company also set aside another $300 million to buy options linked to Bitcoin-related investments.
They plan to keep buying more Bitcoin if prices and market conditions stay good.
Read Also: Truth Social Launches Crypto ETF Backed by BTC, ETH
What About Solana (SOL)? Is That Next?
Right now, Trump Media has not officially bought any Solana tokens (called SOL).
All the public news and paperwork from the company only talk about Bitcoin. But here’s why some people think Solana might be next.
A New Crypto ETF That Includes Solana
Trump Media has asked to launch a new investment fund called a Crypto Blue Chip ETF. An ETF is a basket of investments that people can buy into easily, kind of like a mix of top cryptocurrencies. This fund would include:
Bitcoin
Ethereum
Solana (8% of the total fund)
If this ETF gets approved, Trump Media would need to buy some Solana to support it. That would mean the company would start owning Solana, even if indirectly.
Solana Memecoins Launched by Trump Fans
Recently, teams connected to Trump supporters have launched funny and popular coins (called memecoins) on the Solana network. These include:
These coins helped bring a lot of new traffic to Solana blockchain and even caused SOL prices to jump. This shows that the Trump community is already using and supporting Solana.
On-Chain Wallet Activity
Some people who track blockchain wallets have noticed that wallets connected to Trump-affiliated groups have bought and moved SOL tokens.
But so far, these wallets don’t seem to be keeping the tokens for long. Most of the time, they buy and then sell them quickly. This means it’s not yet a full investment, but it could be a test.
Trump’s Public Support for Solana
Trump has talked about creating a “crypto reserve” for the U.S., and he’s mentioned including Solana and XRP. Also, the fact that Solana was chosen to launch those memecoins shows that the Trump team sees it as useful and trustworthy.
What This Means for Crypto and the Market
Trump Media’s bold decision to buy Bitcoin is encouraging other companies to think about crypto too. If they also start buying Bitcoin or Solana, it could make prices go even higher.
Friendly Crypto Laws
Trump recently signed a new law called the GENIUS Act. It helps make rules around stablecoins and digital currencies clearer and friendlier in the U.S. This could lead to even more growth for crypto projects like Solana.
Solana ETF Coming Soon?
Experts believe that if the Crypto Blue Chip ETF is approved, it could happen as soon as July 31, 2025. That would open the door to big investments in Solana from regular people and other companies.
Read Also: Trump's Truth Social Rumored to Launch New Memecoin
Conclusion
Trump Media has made a huge bet on Bitcoin, and for now, that’s the only crypto officially in their investment plan. But there are many signs that Solana could be next:
The planned ETF includes Solana.
Trump memecoins are already running on the Solana network.
There are hints from wallets and Trump’s speeches showing support for SOL.
For now, Bitcoin is the main star of Trump Media’s crypto strategy. But Solana is definitely on their radar and it might not be long before it becomes part of their official investment plan too.
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FAQ
Why did Trump Media buy $2 billion worth of Bitcoin?
To support financial freedom, protect against discrimination from banks, and align with Trump’s pro-crypto views.
Has Trump Media officially bought Solana (SOL)?
No, not yet. There’s no official confirmation that they own SOL, but there are strong hints that it may happen soon.
What is the Crypto Blue Chip ETF?
It’s a new fund proposed by Trump Media that would let people invest in a group of top cryptocurrencies, including Bitcoin, Ethereum, and Solana.
What are memecoins like TRUMP and MELANIA?
They are fun, community-based tokens built on the Solana network that show strong support from Trump fans.
Will a Solana ETF be approved soon?
Many experts believe a Solana-based ETF could be approved by July 31, 2025, especially if crypto laws stay friendly.
Disclaimer: The content of this article does not constitute financial or investment advice.
