As of June 1, 2025, Trump Media & Technology Group (DJT), the parent company of Truth Social, has successfully closed a $2.44 billion capital raise to establish a Bitcoin treasury. This initiative positions the company among the largest corporate holders of Bitcoin in the U.S., alongside firms like MicroStrategy.

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Key Details:

Capital Raise Breakdown: The company raised approximately $1.44 billion through the sale of common stock and $1 billion via convertible senior secured notes.

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Use of Funds: The net proceeds of about $2.32 billion will be utilized to create a Bitcoin treasury and for other general corporate purposes and working capital.

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Custody Partners: Crypto.com and Anchorage Digital will provide custody services for the Bitcoin holdings.

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Strategic Objective: This move aligns with President Trump's broader initiative to position the United States as a global leader in cryptocurrency adoption and innovation.

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The establishment of a Bitcoin treasury by Trump Media underscores the growing trend of corporations integrating digital assets into their financial strategies. It also reflects the administration's commitment to embracing cryptocurrency as a significant component of the nation's economic framework.

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Note: Cryptocurrency investments carry inherent risks due to market volatility. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.

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