📢 Major Crypto Move: Trump Media to Raise $2.5 Billion for Bitcoin Treasury

In a significant development, Trump Media & Technology Group (DJT), the operator of Truth Social, has announced plans to raise approximately $2.5 billion to establish a Bitcoin treasury. The funding will come from around 50 institutional investors through $1.5 billion in common stock and $1 billion in convertible senior notes.

This initiative aims to integrate Bitcoin as a core asset in the company's holdings, positioning Trump Media alongside other major corporations that hold significant Bitcoin reserves. Crypto.com and Anchorage Digital have been selected to manage the custody of the Bitcoin treasury.

The move aligns with broader efforts by President Donald Trump to establish a strategic Bitcoin reserve for the U.S. government, reflecting a growing institutional adoption of cryptocurrencies.

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