Saturday, May 31, 2025

Trump Media raises $2.44 billion for Bitcoin treasury plan

Trump Media & Technology Group Corp. secured approximately $1.44 billion through stock sales and $1 billion in convertible bonds, earmarking the funds to establish a Bitcoin treasury. Following the announcement, the company's shares experienced a rise, with the deal providing over $3 billion in liquid assets and Bitcoin exposure to shareholders. Crypto.

from Tech-Economic Times https://ift.tt/fz8GVr1

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