Trump Media & Technology Group announced that it had entered into private placement agreements with approximately 50 institutional investors as part of a $2.5 billion capital raise to establish a corporate Bitcoin treasury
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May 27, 2025
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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
Trump Media and Technology Group announced on Tuesday that it has entered into subscription agreements with approximately 50 institutional investors for a private placement offering totaling nearly $2.5 billion. The company will utilize the proceeds to establish a corporate Bitcoin treasury.
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.
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05/27/2025
Week 22 of 2025
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