Trump Media & Technology Group (TMTG) has raised $2.5 billion through a $1.5 billion stock offering and $1 billion in zero-interest convertible notes with approximately 50 institutional investors.
The majority of this funding will be used to build a #Bitcoin treasury.
The company’s CEO Devin Nunes described Bitcoin as “the pinnacle of financial freedom” and said the move was both a financial and strategic transformation.