Donald Trump’s social media firm targets $2.5 billion investment to establish 'bitcoin treasury'

May 28, 2025 - 22:30
Donald Trump’s social media firm targets $2.5 billion investment to establish 'bitcoin treasury'

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Trump Media & Technology Group, operator of Truth Social, plans to secure $2.5 billion, including establishing a "bitcoin treasury." The company secured agreements with institutional investors for $1.5 billion in common stock and $1.0 billion in convertible notes.

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