Historic! Trump Media shakes up the crypto market with a $2.5 billion deal for a Treasury of #bitcoin
#TRUMP Media & Technology Group (TMTG), the company behind Truth Social, has announced an audacious plan to raise $2.5 billion aimed at the acquisition of #BTC and other cryptocurrencies.
This move would position TMTG as a key player in the crypto market, emulating strategies from companies like #strategy
The funding would come from a combination of $1.5 billion in new equity issuance and $1 billion in convertible bonds.