66797604132 Media Closes $2.44 Billion Round and Will Convert $2.3 Billion into #bitcoin

A New Corporate Giant on the Horizon

Trump Media and Technology Group (DJT), the company behind Truth Social, has announced the closing of a monumental $2.44 billion capital round, with the clear intention of allocating the majority of these proceeds to acquiring Bitcoin.

The firm plans to use $2.32 billion of the net proceeds to establish a "Bitcoin treasury," following an increasingly popular trend among publicly traded companies.

Destination: Bitcoin (BTC): The company has explicitly stated that it will allocate $2.32 billion of the net proceeds to purchasing Bitcoin for its treasury. This is one of the largest capital allocations to BTC by a publicly traded company.

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