2025-06-01
Trump Media & Technology Group
(TMTG), the parent company of Truth Social, announced on May 27, 2025 that
it will raise $2.5 billion from about 50 institutional investors. The capital
will be used to purchase Bitcoin, making TMTG one of the latest public
companies to pursue a Bitcoin treasury strategy.
Trump Media & Technology Group
(TMTG), which operates Truth Social, plans to build a Bitcoin reserve using
proceeds from a $2.5 billion capital raise. The full $2.5 billion will be used
to purchase Bitcoin
The funding is split into; 1.5 billion
through a private placement of common shares and $1 billion through convertible
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