Trump Media to buy $2.5b Bitcoin, creating one of crypto’s largest corporate treasuries
Trump Media & Technology Group announced it will raise approximately $2.5 billion through a private placement to build one of the largest corporate Bitcoin treasuries to date. The company, which operates Truth Social, Truth+, and the fintech brand Truth.Fi, said the deal involves about $1.5 billion in common stock and $1 billion in convertible notes, … Read more