Trump Media & Technology Group’s private placement to create its $2.5 billion Bitcoin treasury follows the model created by Michael Saylor’s Strategy, using equity and fixed-income offerings to fund Bitcoin purchases
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Strategy (formerly MicroStrategy) established the trend of corporate bitcoin reserves. Following its latest purchases, its total holdings have risen to 580,250 BTC.
The media company is the latest to follow the model that Michael Saylor created at Strategy by using equity and fixed-income offerings to fund Bitcoin purchases.
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