#TrumpMediaBitcoinTreasury TRUMP MEDIA SECURES $2.5B FOR BITCOIN RESERVE!

Trump Media & Technology Group, the parent company of Truth Social, has secured between $2.44 and $2.5 billion in funding from around 50 institutional investors to establish a significant Bitcoin reserve. This move marks a notable shift in Donald Trump's stance towards cryptocurrencies, from previous skepticism to active participation.

Key Details:

Funding Distribution: $1.5 billion will come from common stock offerings, and $1 billion will be raised through convertible notes.

Bitcoin Reserve: The company plans to allocate a substantial portion of the funds to create a Bitcoin treasury, potentially positioning Trump Media among the largest corporate holders of Bitcoin.

Custody: The Bitcoin treasury will be managed by Anchorage Digital and (link unavailable), two established institutions in the regulated custody of cryptocurrencies.

Potential Impact:

Market Influence: Trump Media's significant investment in Bitcoin could influence other corporations to consider or expand their cryptocurrency reserves.

Corporate Adoption: This move reflects a growing trend of corporate adoption of Bitcoin as a strategic asset, potentially driving market dynamics and investor interest. #CEXvsDEX101 #PCEMarketWatch #TrumpMediaBitcoinTreasury #TRUMP $TRUMP