Trump Media Invests $2.5B in $BTC Bitcoin – Crypto Market on Fire!
Trump Media & Technology Group, led by former U.S. President Donald Trump, just shook the crypto world! The company secured a whopping $2.5 billion from around 50 institutional investors—and they’re going all in on Bitcoin ($BTC ).
Here’s the breakdown:
$1.5B comes from company shares
$1B from zero-interest convertible senior bonds
And yes, every dollar is going straight into buying Bitcoin!
For secure storage, they’re partnering with big names like Crypto.com and Anchorage Digital. The full transaction is expected to close by May 29, 2025.
The market reacted fast—Bitcoin jumped from $109,400 to $TRUMP