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š Trump Media Plans to Raise $12 Billion (Part of Which May Be Used to Buy BTC) ā Source
TMTG (owner of Truth Social) filed Form S-3 with the SEC ā now the company can invest $12 billion in stocks, bonds, and other securities. Inside ā 84 million shares are still slowing down, no new ones are planned yet.
The company can now use the new funds for mergers and acquisitions, equity, or even contract purchases.