Trump Media & Technology Group has secured approximately $2.44 billion through a private placement, aiming to establish a substantial Bitcoin treasury.

Key Details:

Funding Breakdown: $1.44 billion from stock sales and $1 billion from convertible notes.

Strategic Goal: Positioning Trump Media among the top publicly traded Bitcoin holders in the U.S.

Custody Partners: Crypto.com and Anchorage Digital will manage the Bitcoin holdings.

This move aligns with President Trump's broader initiative to integrate cryptocurrency into national strategy, following his executive order establishing a Strategic Bitcoin Reserve using seized digital assets.

While supporters view this as a step toward making the U.S. a leader in digital assets, critics express concerns over potential conflicts of interest due to the intertwining of Trump's business ventures with federal crypto policies.

Current Bitcoin Price: $104,482 USD

Stay tuned for further developments as Trump Media's Bitcoin strategy unfolds. $BTC