Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024.
Kevin Wurm | Reuters
LAS VEGAS — Trump Media on Tuesday announced a $2.5 billion raise from institutional investors to bankroll one of the largest bitcoin treasury allocations by a public company.
Shares of the company fell about 10% following the news.
It’s the latest and most ambitious move in its evolution from a free-speech social platform to a financial services player.
The deal includes $1.5 billion in common stock and $1 billion in convertible notes, with proceeds earmarked for the purchase of bitcoin, which the company will now hold as a core treasury asset. The company said it has subscription agreements with about 50 institutional investors.
The company also confirmed the bitcoin will be held with Anchorage Digital and Crypto.com — the same platform that recently signed a deal to help Trump Media launch its first exchange-traded funds.
The announcement comes as bitcoin nears record highs and the year’s biggest gathering of digital asset enthusiasts gets underway on the Las Vegas Strip: Bitcoin 2025. The conference helped solidify President Donald Trump‘s image as the country’s first “crypto president.”
This year, it’s a full-court press from the Trump White House at the conference, with Vice President JD Vance, Donald Trump Jr., Eric Trump, crypto czar David Sacks, and other top officials attending.
Trump Media’s stock remains volatile, with shares down nearly 30% this year so far. The company has a market cap of about $5.3 billion, despite reporting just $3.6 million in revenue and a $400 million loss in 2024.
Devin Nunes, the company’s CEO and a former California congressman, called bitcoin an “apex instrument of financial freedom” and said this was just the first of many “crown jewel” acquisitions the firm would pursue.
He framed the move as a defensive strategy, saying it would help protect the company from what he described as ongoing “discrimination by financial institutions” against conservative businesses.
The firm has already signed a partnership with Crypto.com to bring a series of ETFs and digital asset products to market later this year, pending regulatory approval.
Those funds will include baskets of crypto such as bitcoin and Crypto.com’s native token, cronos, alongside traditional securities. They will be branded under Trump Media and offered to global investors across major brokerage platforms and on the Crypto.com app, which has more than 140 million users worldwide.
The move deepens Trump’s crypto footprint: World Liberty Financial, another Trump-affiliated entity, has already amassed a significant crypto stockpile, and the president signed an executive order earlier this year designed to establish a bitcoin reserve and a separate crypto stockpile for the federal government.
The expansion into financial services builds on rising Republican anger over perceived banking discrimination against conservatives.
Crypto industry leaders have also been testifying on Capitol Hill about the industry’s struggle with debanking during President Joe Biden’s administration.
Trump himself voiced frustration with Bank of America and JPMorgan executives during a recent appearance at the World Economic Forum in Davos, accusing them of “locking out” conservative clients.
The launch of Truth.Fi, along with the growing popularity of Trump-linked cryptocurrencies, appears to be the private sector response.
The $2.5 billion bitcoin treasury move also follows a growing trend among politically aligned businesses that are converting their corporate treasuries into bitcoin-heavy vehicles. It’s a strategy popularized by Michael Saylor’s MicroStrategy in 2020 — but now turbocharged by Trump’s political movement and crypto allies.
Jack Mallers is looking to rival Strategy with a new bitcoin company backed by Tether and SoftBank, and David Bailey, the architect behind another Trump-linked bitcoin play — Nakamoto Holdings — recently led a $710 million merger with health-care firm KindlyMD, which will pivot from holistic opioid recovery to a crypto-first strategy.
Bailey, a trusted crypto advisor to the Trump administration, described the play as: “Strategy, squared.”
“Our total focus is on increasing the bitcoin per share,” Bailey previously told CNBC, outlining plans to acquire bitcoin-native companies across every major capital market.
We’re starting this week’s Green Deals with EcoFlow’s August Home Backup Sale that is seeing up to 59% initial discounts, bonus savings, continued 3x and 3.5x EcoCredit rewards, new free gift promotions, and more – with plenty of ongoing low prices like the DELTA 2 Max Solar Generator bundle that gives you a 220W panel at its $1,139 low, among many others. We also have Lectric’s ONE Long-Range e-bike getting the biggest $319 bundle of 2025 at $2,399, as well as Anker’s SOLIX C300 90,000mAh Power Stations and bundle options starting from $170. From there, we also have EcoFlow’s latest 48-hour flash sale on two power station bundles and a dual solar panel option, alongside the best price of the year on Worx’s 20V JawSaw PowerShare Cordless Chainsaw.Plus, all the hangover savings from last week are at the bottom of the page, rounded together in our Electrified Weekly coverage, which includes the new EcoFlow TRAIL releases, exclusive Bluetti Apex 300 launch savings, and much more.
Save up to 59% on EcoFlow power stations and backup bundles with bonus savings, free gifts, up to 3.5x EcoCredits – all from $179
EcoFlow has launched a new Home Backup Sale through August 17 that is continuing some of the Monthly Madness rewards from last week while adding new free gift promotions and extra savings – with this event running parallel to the brand’s release of the new TRAIL series power stations. One of the notable low prices we’re seeing during this period is on EcoFlow’s DELTA 2 Max Solar Generator bundle that comes with a 220W solar panel for $1,139.05 shipped, after using the code 25EFDCAFF at checkout for an additional 5% off your order, which beats out Amazon’s current pricing by $60. Normally going for $2,548 in full here, over the last seven months we’ve seen discounts take things to their lowest for $1,139 back during last month’s Prime Day event, with prices otherwise keeping at or above $1,199. That low price is coming back thanks to the bonus savings, giving you $1,409 in savings and the best price we have tracked.
As previously mentioned, this Home Backup Sale is seeing some continuations alongside some new free gift promotions. Of course, there’s the extra 5% savings you’ll get using the code 25EFDCAFF at checkout, but standard members will also be getting 3x EcoCredits from orders, while Plus members get 3.5x EcoCredits – which you can use to score future discounts and other exchanged rewards. If you already have some saved, you can spend 500 to unlock a spin on the brand’s Lucky Draw wheel for guaranteed gifts/savings. There’s also the chance to get a free refurbished RIVER 2 Max power station with purchases of select DELTA series units.
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For folks not wanting to spend too much on larger whole-home backup systems but want to maintain their peace of mind during trips away from home and possible at-home outage emergencies, EcoFlow’s DELTA 2 Max is a solid option that starts with a 2,048Wh LiFePO4 capacity and can expand as high as 6,144Wh with add-on expansion batteries. It pumps out a steady stream of 2,400W of power through its 15 output port options, with the ability to surge up to 3,400W once you’ve activated its X-Boost mode in the remote app controls. A wall outlet can bring the battery back to 83% in 1.1 hours, with the option to plug it into your car’s auxiliary port to charge as you drive, on top of a max 1,000W solar input that can also be used simultaneously with a wall outlet for faster 43-minute charge times.
Lectric’s 60-mile traveling ONE e-bike with a Gates carbon belt drive gets largest $319 bundle of 2025 at $2,399
Looking in on Lectric’s ongoing Back to School Sale, we wanted to shine a spotlight on the biggest bundle we’ve seen accompany the brand’s ONE Long-Range e-bike at $2,399 shipped, which is getting $319 in free gear that includes a rear cargo rack, fenders to go over the tires, and a 4-liter frame bag. This package would normally run you $2,718 at full price, if it weren’t for the brand’s trend of offering savings on the bundles. While we did see it get a $308 bundle back in February, this model has otherwise only been getting $220 in free gear this year, but now, during this sale, we’re seeing a larger bundle than ever in 2025.
Anker’s SOLIX C300 power stations are portable 90,000mAh backup companions that start from $170 (up to 32% off)
By way of its official Amazon storefront, Anker is offering its SOLIX C300 DC Portable Power Station at $169.99 shipped, beating out the brand’s direct website pricing by $20. You’d have to pay $250 for this unit at full price regularly, though discounts in 2025 have seen it go as low as $150, which was last seen in July’s Prime Day Sale event, with things otherwise seen repeating to $170 since June. This is the third-lowest price we have tracked, giving you $80 off the going rate and landing $30 above the all-time low from Black Friday and Christmas sales.
Save up to 62% on DELTA 2 and DELTA Pro bundles, as well as dual solar panels, starting from $499 for 48 hours
Alongside launching its latest Home Backup Sale that is running through August 17, EcoFlow has also launched a 48-hour flash sale that is taking up to 62% off three offers, with things starting lowest on the DELTA 2 Portable Power Station that comes bundled with a smart extra battery for $899 shipped, which beats out its Amazon pricing by $50. This bundle would cost you $1,798 at full price directly from the brand, while we’ve seen it more regularly at $1,289 at Amazon. Discounts this year have seen it fall to $799 back in March, with things otherwise dropping between $849 and $999 during sales. You’re looking at a 50% markdown off its MSRP here and the third-lowest price of 2025, while the savings last through today and tomorrow.
Worx’s 20V JawSaw chomps through thick branches with a retractable blade at $101
Amazon is offering the best price of the year on Worx’s 20V JawSaw PowerShare Cordless Chainsaw at $101.40 shipped. Most of the past year we’ve seen this more unique chainsaw keeping up at a full $170 rate, which we saw drop to $130 during Black Friday and Christmas sales and more recently fell to $109 at the top of July. While it has dropped as far as $89 in past years, today’s deal comes in lower than we’ve seen in the last 12 months, giving you $69 off the going rate and beating out our previous mention by $8.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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Did you want a used Hyundai with your next Amazon order? You might need a bigger cart. You can now view, compare, and shop for new or used Hyundai vehicles directly on Amazon, including its top-selling EVs like the IONIQ 5.
How to buy used Hyundai EVs on Amazon
After teaming up with the e-commerce giant in December to sell new vehicles, Hyundai is now offering used and certified pre-owned vehicles on Amazon.
You can now buy a new or used Hyundai vehicle directly from a dealer through Amazon Auto. The platform is an all-in-one online shop that allows you to find, order, finance, and schedule pickup of a new or used Hyundai. You can even get an estimate for your trade-in and drop it off when you pick up your new vehicle.
The service for new vehicles is available across 130 cities in the US. Although used cars are currently only available in LA, Amazon said new cities will be added in the coming months.
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The used and CPO programs show a list of available vehicles from local Hyundai dealers that you can choose from. Amazon offers a 3-day/300,000-mile return policy and a minimum 30-day/1,000 mile limited warranty on all vehicles.
Amazon Auto now offers used and certified pre-owned Hyundai vehicles, including EVs (Source: Amazon)
Amazon Auto allows you to search by make, model, trim, color, or feature, making it easy to find your dream car. You can then get an instant quote, get a trade-in estimate, and secure financing all on Amazon’s trusted platform.
One of the biggest perks is the transparent pricing — no more negotiating with dealers. The price you see is the price you pay.
How to buy Hyundai EVs on Amazon (Source: Hyundai)
After the payment process is complete, you will schedule a time and day to pick up the new vehicle from a local dealership.
Amazon is expanding the program and plans to offer more brands next year. Other options, such as leasing and expanded financing options, will be available soon.
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)
To view Hyundai vehicles near you, you can visit Amazon.com/Amazon-Autos today. Despite the new tariffs, Hyundai is one of the few brands that’s actually offering lower prices.
Starting at just $179 per month, the 2025 Hyundai IONIQ 5 might be the best EV deal on the market right now. The new three-row IONIQ 9 (see our review) can be leased from $419 per month.
For those without access to Amazon Auto, don’t worry — we can still help you find your next vehicle. You can use our links below to view deals on Hyundai EV models in your area.
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Segway has just unveiled a striking new version of its popular Xafari electric bike in Crimson Red. The micromobility giant, best known for its scooters and self-balancing tech, is adding a splash of personality to its multi-surface cruiser, all without compromising on the impressive comfort, connectivity, and performance that made the original so interesting and distinctive looking.
The Xafari, which originally debuted at CES 2025 alongside the more moto-styled Segway Xyber, is an e-bike designed to operate in either Class 1, 2, or 3 modes and is built for both urban commuting and light off-road adventure-style riding.
With a 750W rear hub motor and 936 Wh battery, it offers a range of up to 88 miles (142 km), while full suspension and semi-fat 26×3.0” tires help smooth out bumps on everything from pavement to packed dirt trails.
But the real differentiator here is the tech. The Xafari includes a smart 2.4” TFT color display with navigation and ride metrics, an adaptive pedal assist system that automatically adjusts power based on gradient and rider input, and a suite of connectivity tools rarely seen on e-bikes at this price point.
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Those include Apple Find My and Segway GPS tracking, an app-based lockout system with motion alarm, and even cloud-based maintenance alerts. There’s also a handlebar scroll wheel to easily control assist levels and the display, as well as an intelligent lighting system with automatic high/low beams.
The new Crimson Red colorway came directly from dealer feedback, with Segway’s retail partners overwhelmingly requesting a bolder, more expressive look.
“This colorway turns heads, but more importantly, it reflects the bold, confident rider we built this product for,” said Nick Howe, head of Segway’s e-bike division. The bike originally launched with much more muted coloring.
The Segway Xafari in Crimson Red is available now through Segway’s website and authorized dealers. It carries an MSRP of $2,399.99, though early promotional pricing drops it to $1,999.99 for the launch.
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