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@ tzongocu
2025-05-28 17:02:09
📰 News Alert...
🔖 Title: Trump Media Aiming for $2.5 Billion Investment to Launch Bitcoin Treasury
🗓️ Published: 2025-05-28T20:02:05+03:00
📄 Summary: Trump Media & Technology Group, known for its social media platform Truth Social, is on the hunt for $2.5 billion in investments to bolster its financial strategy. The company has already secured agreements with institutional investors for $1.5 billion in common stock and plans to raise an additional $1.0 billion through convertible notes. A notable aspect of this plan is the establishment of a "bitcoin treasury," indicating a shift towards cryptocurrency involvement that could reshape its business model.
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https://timesofindia.indiatimes.com/business/international-business/donald-trumps-social-media-firm-targets-2-5-billion-investment-to-establish-bitcoin-treasury/articleshow/121468512.cms
🗞️ Source: TOI Business Desk
💓 #CryptoInvestment #MediaTech #BitcoinTreasury