🚨 Trump Media's $2.5B Bitcoin Treasury Initiative
Trump Media & Technology Group has announced plans to raise $2.5 billion through stock and convertible debt offerings to establish a Bitcoin treasury. This move positions the company among the largest public holders of Bitcoin, aligning with President Trump's pro-crypto stance and recent executive order recognizing Bitcoin as a strategic reserve asset.
The funds will be used to purchase Bitcoin, with custody provided by Crypto.com and Anchorage Digital. This initiative reflects a broader trend of corporations integrating cryptocurrency into their financial strategies.