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