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@ tzongocu
2025-05-30 18:01:31
📰 News Alert...
🔖 Title: Trump Media Closes $2.44 Billion Investment to Strategize Bitcoin Holdings
🗓️ Published: 2025-05-30T21:01:29-03:00
📄 Summary: Trump Media & Technology Group has finalized a substantial $2.44 billion private placement aimed at bolstering its Bitcoin (BTC) treasury strategy. The initiative involved about 50 institutional investors and consisted of the issuance of 55.9 million shares of common stock priced at $25.72 each, alongside $1 billion in 0% convertible senior secured notes. This strategic move positions Trump Media to potentially become one of the leading holders of Bitcoin, reflecting the growing trend of corporations integrating cryptocurrency into their financial frameworks.
🔗 https://cryptoslate.com/trump-media-aims-for-top-bitcoin-holder-status-after-closing-2-44-billion-investment/
🗞️ Source: CryptoSlate
💓 #Cryptocurrency #Bitcoin #InvestmentStrategy