#TrumpMediaBitcoinTreasury Trump Media & Technology Group, the company behind Truth Social, is making a significant move into the cryptocurrency space with a $2.5 billion Bitcoin treasury deal. Here's what's happening ¹ ²:

- *Deal Details*: The company has entered into subscription agreements with around 50 institutional investors to issue and sell approximately $1.5 billion in common stock and $1 billion in convertible senior secured notes.

- *Bitcoin Treasury*: The funds raised will be used to create a Bitcoin treasury, making Trump Media one of the largest public companies to hold Bitcoin.

- *Custody*: Crypto.com and Anchorage Digital will provide institutional-grade custody for Trump Media's Bitcoin assets.

- *Company's Vision*: CEO and Chairman Devin Nunes views Bitcoin as "an apex instrument of financial freedom" and believes this investment will help defend the company against financial institutions and create synergies for subscription payments and other planned transactions.

*Key Highlights:*

- *Financials*: Trump Media's liquid assets will jump to over $3 billion after the deal, with $759 million in cash and short-term investments already on hand.

- *Growth Plans*: The company aims to expand its reach through mergers and acquisitions, potentially incorporating Bitcoin into its financial services and FinTech platform.

- *Token and Wallet Plans*: Trump Media is also considering launching a utility token and digital wallet to enhance its streaming platform, Truth+.