Tuesday, May 27, 2025

In the #News #Economy #Politics - Trump's Interest In Bitcoin A Warning

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Trump's Interest In Bitcoin A Warning

Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced plans to raise $2.5 billion to invest in Bitcoin, marking a significant shift in its financial strategy. The capital will be raised through a private placement involving $1.5 billion in common stock and $1 billion in convertible notes, with participation from approximately 50 institutional investors.

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