Trump Media & Technology Group's $2.5 billion Bitcoin treasury investment has sent shockwaves in the cryptocurrency market. The investment comprises $1.5 billion in common stock funding and $1 billion in convertible notes. Partnering with Anchorage Digital and (link unavailable) for custody services, Trump Media has secured agreements with 50 institutional investors. This move mirrors strategies by MicroStrategy and El Salvador, highlighting growing institutional interest in cryptocurrency. The US SEC has approved the plan, paving the way for Trump Media to establish one of the largest corporate Bitcoin treasuries, signaling growing recognition of cryptocurrency as a legitimate asset class.
