Trump Media announced a $2.5 billion Bitcoin treasury deal.
The agreement was made with approximately 50 institutional investors. The company will sell $1.5 billion in stocks and $1 billion in bonds, and the revenue generated from this will be used to purchase Bitcoin. Crypto.com and Anchorage Digital will be worked with for the storage of the Bitcoins.
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#Stablecoin Market Cap Hits New High #Strategy Buys More Bitcoin
Trump Media announced a $2.5 billion Bitcoin treasury deal.
The agreement was made with approximately 50 institutional investors. The company will sell $1.5 billion in stocks and $1 billion in bonds, and the revenue generated from this will be used to purchase Bitcoin. Crypto.com and Anchorage Digital will be worked with for the storage of the Bitcoins.