#TrumpBTCTreasury Trump Media Group is establishing a Bitcoin treasury after closing a $2.44 billion deal. Here's what's happening :
- *Deal Details*: Trump Media raised $2.44 billion through a private offering, consisting of $1.44 billion from common stock sales and $1 billion from convertible senior secured notes.
- *Bitcoin Purchase*: The company plans to use $2.32 billion of the proceeds to acquire Bitcoin, potentially making it one of the top five global corporate BTC holders.