#TrumpBTCTreasury

🎉Trump Media & Technology Group (DJT) has announced a $2.5 billion plan to build a Bitcoin treasury🎉

Trump Media & Technology Group (DJT) has announced a $2.5 billion plan to build a Bitcoin treasury through stock sales and convertible senior secured notes. This move is part of the company's strategy to embrace cryptocurrency, with CEO Devin Nunes calling Bitcoin the "crown jewel" asset that will help protect the company from financial discrimination.

The $2.5 billion raise will be used to acquire Bitcoin, which will sit on the company's books alongside $759 million in cash and short-term investments. This significant investment in Bitcoin demonstrates Trump Media's commitment to the cryptocurrency space.

It's worth noting that there have been concerns raised about Trump's ties to Binance, with Senate Democrats demanding investigation into the company's compliance with regulatory requirements. However, there is no direct information about Trump's Bitcoin treasury being linked to Binance exchange ¹ ².