The parent company of Truth Social has significantly expanded its cryptocurrency holdings. As of Monday, Trump Media & Technology Group reports roughly $2 billion in combined direct Bitcoin and Bitcoin-linked securities. This development follows an earlier Financial Times report suggesting a…
Trump media raising 2.44 billion to build bitcoin treasury?
Trump Media recently raised funds through a combination of stock sales and convertible bonds. The company brought in $1.44 billion by offering shares at $25.72 each and secured an additional $1 billion through zero-coupon notes. These proceeds are set aside…
Bitcoin treasury will Trump Media invest 2.5 billion USD?
Trump Media and Technology Group has announced plans to allocate $2.5 billion into a Bitcoin treasury, marking a significant shift in how the company manages its assets. The move will be financed through a mix of stock offerings and debt,…