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It’s official: Trump Media raises $2.44b to build Bitcoin treasury

Upworthy Sunday, 1 June 2025 ()
Trump Media and Technology Group has closed a $2.44 billion private placement with roughly 50 institutional investors, aiming to establish one of the largest Bitcoin treasuries among publicly-traded U.S. companies. The offering included the sale of 55.8 million common shares at $25.72 each,…
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