#TrumpMediaBitcoinTreasury
🚨 Trump Media Goes All-In on Bitcoin: $2.5B Treasury Move Shakes Markets
In a bold financial maneuver, Trump Media & Technology Group (DJT) has secured $2.5 billion from approximately 50 institutional investors to establish a substantial Bitcoin treasury. This initiative positions the company among the top Bitcoin holders among publicly-traded U.S. firms.
The funds, comprising $1.5 billion in common stock and $1 billion in convertible senior notes, will be used to acquire Bitcoin, bolstering the company's financial independence and supporting operations like subscription payments and a utility token for Truth Social.
This move aligns with President Trump's broader efforts to make the U.S. the "crypto capital of the world," including the establishment of a Strategic Bitcoin Reserve through an executive order.
Despite initial skepticism, Trump Media's stock (DJT) has shown resilience, reflecting investor confidence in this strategic pivot towards cryptocurrency.
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