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    Author Topic: Trump Media Raising $2.5B for Bitcoin Treasury Strategy  (Read 301 times)
    OmegaStarScream (OP)
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    May 27, 2025, 03:22:33 PM
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    It's always great to have more companies buying billions worth of bitcoin, but I think this kind of reassures everyone's about the Trump administration stance on bitcoin and crypto, although it's been sometime since we last heard anything about bitcoin from them. Your thoughts on the matter and the raising number of companies that are doing this?

    Trump Media and Technology Group announced a $2.5 billion capital raise to create a bitcoin treasury.

    The company said it has secured agreements with about 50 institutional investors for $1.5 billion in common stocks and $1 billion in convertible notes.

    The news — initially reported on Monday by the FT — provided a modest but fleeting bump in both DJT stock and BTC.

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