#TrumpBTCTreasury Trump Media Group has announced plans to establish a Bitcoin treasury, raising $2.44 billion through a private offering to purchase BTC. Here's a breakdown of the deal ¹ ²:

- *Capital Raise*: Trump Media raised $2.44 billion by issuing 55.8 million shares of common stock at $25.72 per share and $1 billion in 0.0% convertible senior secured notes due 2028.

- *Bitcoin Purchase*: The company plans to use $2.32 billion of the proceeds to acquire Bitcoin, aiming to become one of the top five global corporate BTC holders.

- *Custodians*: (link unavailable) and Anchorage Digital will serve as custodians for Trump Media's Bitcoin treasury, providing secure storage and management for the digital assets.

- *Financial Impact*: This move will give Trump Media over $3 billion in liquid assets, with shareholders gaining exposure to Bitcoin. The company's existing cash and investment holdings are valued at $759 million.

This significant investment in Bitcoin reflects Trump Media's strategic shift towards digital assets, positioning itself for rapid expansion and financial growth. The deal has sparked interest in the crypto market, with some analysts predicting increased institutional adoption of Bitcoin ¹.