#CryptoFees101 Trump Media May Buy $12 Billion in Bitcoin

Trump Media & Technology Group (TMTG), the owner of the social network Truth Social, has filed with the SEC to issue new shares worth up to $12 billion for the potential purchase of Bitcoin. In total, the company plans to issue more than 84.6 million shares.

A week earlier, TMTG had already raised $2.44 billion to create a Bitcoin treasury.