Trump Media & Technology Group Corp., the company behind Truth Social, raised around $1.44 billion from selling stock at a price of $25.72 per share and raised about $1 billion in convertible bonds, to buy Bitcoin for its treasury.
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Trump Media Raises $2.44 Billion for Bitcoin Treasury Plan
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Trump Media raised around $2.44 billion in net proceeds to establish a Bitcoin treasury
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Trump Media raised $1.44 billion from stock sold at $25.72 per share and issued $1 billion in zero-coupon convertible notes maturing in 2028
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