Trump Media & Technology Group Corp. is advancing its presence in the digital-asset arena with a third exchange-traded fund application. On Tuesday, the social-media company behind Truth Social, majority-owned by President Donald Trump, filed to launch a “Crypto Blue Chip”…
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,…