🚨 JUST IN: Trump Media Goes Full Crypto! 🚨
📢 Trump Media & Technology Group (Truth Social's parent company) has officially closed a $2.44 BILLION private placement deal to build its own Bitcoin treasury! 🏦💥
💸 The funding includes: 🔹 $1.5B from common stock sales
🔹 $1B from convertible notes
👉 All from ~50 major institutional investors! 🧑💼📊
💡 The plan? Hold Bitcoin 🟧⚡ as a treasury asset – just like MicroStrategy.
CEO Devin Nunes says they’ll also explore: ✔️ Subscription payments in crypto
✔️ Launching a utility token for Truth Social 🚀📱
⚠️ Trump’s family stake has dropped from 52% to 41.5% due to the dilution — but the crypto vision is clear: Power to the blockchain! 🧱🪙
🗣️ What do you think? Is this a bold Web3 move or risky business?