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Forwarded from Coach
Crypto News - Fast Market Moving⚡️
🚨🚨JUST IN: TRUMP MEDIA ANNOUNCES $2.5B BITCOIN TREASURY DEAL @Coach 🥳
Trump Media and Technology Group Corp. announced it has entered into subscription agreements with approximately 50 institutional investors for a private placement offering totaling approximately $2.5B.
The offering includes approximately $1.5B in common stock and $1.0B in 0.00% convertible senior secured notes, with the proceeds intended for the creation of a Bitcoin treasury.
The company will use Crypto .com and Anchorage Digital for custody of its Bitcoin treasury, and the offering is expected to close on or about May 29, 2025.
The offering includes approximately $1.5B in common stock and $1.0B in 0.00% convertible senior secured notes, with the proceeds intended for the creation of a Bitcoin treasury.
The company will use Crypto .com and Anchorage Digital for custody of its Bitcoin treasury, and the offering is expected to close on or about May 29, 2025.
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⚡ A quick snapshot of era-defining innovations:
🛢️ Rockefeller — Oil
🏗️ Carnegie — Steel
🚂 Vanderbilt — Railroads
🛠️ Ford — Engines
💡 Edison — Electricity
₿ Nakamoto — Bitcoin
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🛢️ Rockefeller — Oil
🏗️ Carnegie — Steel
🚂 Vanderbilt — Railroads
🛠️ Ford — Engines
💡 Edison — Electricity
₿ Nakamoto — Bitcoin
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🇺🇸America Should Hold #Bitcoin As Reserve, Says VanEck's Head of Digital Assets Research Matthew Sigel.📈💸
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🇺🇸America Should Hold #Bitcoin As Reserve, Says VanEck's Head of Digital Assets Research Matthew Sigel.📈💸
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