#TrumpMediaBitcoinTreasury

Trump Media’s $2.5 Billion Bitcoin Treasury Plan

Trump Media & Technology Group, the parent company of Truth Social, announced plans to raise $2.5 billion through stock and convertible debt to purchase Bitcoin for its corporate treasury.

This move aligns with Trump’s “America First” policies and reflects a broader embrace of cryptocurrency within his business interests. However, the announcement led to a 10% drop in Trump Media’s stock price.