DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin
The raise includes $1.5 billion in equity and $1 billion in convertible notes, with bitcoin custody provided by Anchorage Digital and Crypto.com.
Trump Media CEO Devin Nunes called bitcoin a “crown jewel” asset.
President Donald Trump indirectly owns more than 114 million shares of DJT through a revocable trust#TrumpMediaBitcoinTreasury #massAdoption #trumpcoin #bitcoin $BTC
