🚨 Trump Media to Raise $12B – More Bitcoin Buys Coming? 💰
#Bitcoin #TrumpMedia #BTC #CryptoNews #TMTG
📢 Trump Media & Technology Group (TMTG) just filed plans to raise up to $12 billion via a securities offering.
👉 While the company hasn’t disclosed specific use cases, many suspect more BTC purchases are on the horizon.
🔍 Key Highlights:
$1.44B from 55.8M shares to institutional investors
$1B via convertible notes
Flexibility in sale methods: direct, underwriters, dealers, etc.
💸 Just last week, TMTG raised $2.5B — and used it to buy Bitcoin, with custody handled by Crypto.com & Anchorage Digital.
📈 Corporate BTC adoption is gaining momentum fast. Will TMTG double down on its Bitcoin strategy?
👀 All eyes on how this $12B war chest will be deployed…