Trump Media & Technology Group’s private placement to fund the creation of a corporate Bitcoin treasury will consist of agreements to issue $1.5 billion in common stock and $1 billion in senior secured notes

Quotes that support claims

In a private placement offering, the firm said it is entering into subscription agreements with approximately 50 institutional investors, agreeing to issue $1.5 billion in common stock and $1 billion in 0.00% convertible senior secured notes.

The $2.5 billion offering includes $1.5 billion in Trump Media common stock and $1 billion in convertible notes at a conversion price equal to a 35% premium

The company has entered into subscription agreement with about 50 institutional investors, issuing $1.5 billion in common stock and $1 billion in convertible senior secured notes, according to a press release