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
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Trump Media Raising $2.5B for Bitcoin Treasury Strategy
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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
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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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