Trump Media & Technology Group (TMTG) announced a $2.5 billion private placement deal to establish a corporate Bitcoin treasury

Claim
News event

Event date

May 27, 2025

Quotes that support claims

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.
Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin treasury

Tags

05/27/2025
Week 22 of 2025

Referenced by

Summary

Crypto news

Data block