#TrumpBTCTreasury
In an unprecedented step, Trump Media & Technology Group announced a massive deal worth $2.5 billion to create one of the largest Bitcoin vaults among public companies.
🔹 Deal details:
- The deal includes $1.5 billion in company shares and $1 billion in convertible bonds, with participation from around 50 institutional investors.
- The company aims to make Bitcoin a key asset in its balance sheet, alongside cash and short-term investments.
- The deal received approval from the U.S. Securities and Exchange Commission (SEC), enhancing the legitimacy of this move in financial markets.