#TrumpMediaBitcoinTreasury has gained relevance on Binance and other platforms due to the announcement by Trump Media & Technology Group (TMTG) to create a Bitcoin treasury worth $2.5 billion. This initiative would position TMTG as one of the public companies with the largest Bitcoin reserves.
Key details of the plan
TMTG's financing structure
plans to raise
$1.5 billion through the issuance of common stock and $1 billion through interest-free convertible bonds. The operation is scheduled to close on May 29, 2025.
MarketWatch +1
Objective: To establish a Bitcoin treasury as a strategic asset, in order to protect against financial discrimination and support future initiatives on its platforms, such as Truth Social and Truth+.