Trump Media Bitcoin Investment

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bitcoin, Donald Trump and Media

Trump Media strikes $2.5 billion deal aimed at buying bitcoin tokens. Here's what's behind the move.

Shares of Trump Media tumbled $2.14, or 8.3% to $23.58 in early afternoon trading. Because the deal is based on issuing $1.5 billion worth of new shares of the company, as well $1 billion in convertible debt, the offer could dilute the value of existing shareholders' stock, including Mr. Trump's.

The Hill on MSN · 7d

Trump Media to raise $2.5 billion to create company bitcoin reserve

Trump Media and Technology Group plans to raise $2.5 billion to buy bitcoin and build up a reserve of the cryptocurrency, in the latest move by President Trump’s businesses to expand their reach

Washington Examiner on MSN · 7d

Trump company announces $2.5 billion bitcoin treasury deal ahead of annual conference

Trump Media & Technology Group announced on Tuesday that it has entered into agreements with 50 investors to raise roughly $2.5 billion in capital to invest in bitcoin. TMTG, the company behind President Donald Trump’s Truth Social platform,

2hon MSN

Trump-Tied ‘Truth Social Bitcoin ETF’ Inches Closer After Filing

Trump Media & Technology Group Corp. appears to be one step closer to launching an exchange-traded fund tied to Bitcoin, ...

7don MSN

Trump Media’s $2.5 Billion Bitcoin Bet Mirrors White House Crypto Strategy

As the pro-crypto White House moves to establish a strategic bitcoin stockpile, Trump’s media company is adopting a parallel ...

2hon MSN

NYSE Arca submits filing for listing of Truth Social Bitcoin ETF

NYSE Arca on Tuesday submitted a filing to the U.S. markets regulator seeking regulatory approval to list the Truth Social ...

6don MSN

GameStop just bought $500 million of bitcoin in its first-ever crypto investment

GameStop announced the purchase of 4,710 bitcoins on Wednesday. The video game retailer said in March that it would start ...

Nasdaq7d

Trump Media Secures $2.5 Billion in Institutional Investment for Bitcoin Treasury Expansion

Our first acquisition of a crown jewel asset, this investment will help defend ... equal to a 35 percent premium, will place Bitcoin on Trump Media’s balance sheet alongside existing cash ...

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