#TrumpBTCTreasury Bitcoin Treasury of Trump Media:
TMTG, the media company of Donald Trump, announced plans to raise $2.5 billion (through stock sales and convertible notes) to invest in Bitcoin and create a "Bitcoin treasury." This move aims to diversify into financial services and, potentially, use Bitcoin for subscription payments and other transactions on platforms like Truth Social.
* Change of Stance: Donald Trump, who had previously expressed skepticism about cryptocurrencies, has changed his stance and has become more supportive of digital assets. He has talked about making the United States the "global capital of cryptocurrencies."