#TrumpBTCTreasury

Trump Media and Technology Group, led by Donald Trump, has secured approximately $2.5 billion to create a Bitcoin treasury. This significant investment positions the company as a major player in the cryptocurrency space. Here's a breakdown of the deal ¹:

- *Total Investment*: $2.5 billion, comprising $1.5 billion in common stock and $1 billion in convertible notes

- *Purpose*: Establishing a Bitcoin treasury, one of the largest among public companies

- *Custodians*: (link unavailable) and Anchorage Digital will provide custody for the Bitcoin treasury

- *SEC Approval*: The US Securities and Exchange Commission (SEC) has declared the registration statement for the Bitcoin treasury deal effective, allowing the company to proceed with its plans

This move reflects Trump Media's strategic expansion into the cryptocurrency market, with potential implications for the company's growth and the broader financial landscape. The CEO has stated that the firm is "aggressively" expanding its reach ².