Trump Media & Technology Group's $2.5 Billion Bitcoin Treasury Raised Through Private Placement with Participation from Approximately 50 Institutions

BlockBeats News, May 27th, Donald Trump Media Technology Group (DJT) announced that it has signed subscription agreements with approximately 50 institutional investors for a total of approximately $25 billion in private financing. The financing includes about $15 billion in common stock and $10 billion in 0% interest convertible senior secured notes, with the proceeds to be used to create a Bitcoin treasury. The company will use Crypto.com and Anchorage Digital for the custody of the Bitcoin treasury, and the financing is expected to be completed around May 29, 2025.

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