🚨 CRYPTO NEWS

🇺🇸 Trump Media Closes $2.44B Raise to Build Bitcoin Treasury

#Trump Media and Technology Group has officially raised $2.44 billion from about 50 institutional investors to establish a major #Bitcoin treasury.

The funding came through a private placement of 55.8 million shares and $1 billion in convertible notes. Net proceeds of $2.32 billion will be used to buy $BTC and support general operations. #CEXvsDEX101 #TradingTypes101 #FTXRefunds #TrumpMediaBitcoinTreasury