bhojraj gadhvi

#TrumpMediaBitcoinTreasury Trump Media & Technology Group Corp. has announced a plan to raise $2.5 billion to create a Bitcoin treasury, making it one of the largest Bitcoin-holding public companies. Here's a breakdown of the deal¹ ²: - *Key Components:* - $1.5 billion in common stock - $1 billion in convertible senior secured notes - Expected to close on May 29, 2025 - *Purpose:* - Create a Bitcoin treasury as a "crown jewel asset" - Defend against financial discrimination - Unlock new opportunities across platforms like Truth Social and Truth+ - Support future acquisitions and product integrations - *Partnerships:* - (link unavailable) and Anchorage Digital will provide custody services for the Bitcoin treasury - Yorkville Securities and Clear Street are co-lead placement agents - Cantor Fitzgerald is acting as financial advisor Trump Media's CEO, Devin Nunes, views Bitcoin as an "apex instrument of financial freedom" and believes this investment will help the company evolve into a diversified holding company aligned with "America First" economic values. The company's existing cash reserves stand at $759 million, which will be supplemented by the new Bitcoin treasury.³