DJT shares fall 10% as Trump Media says it's raising $2.5 billion to buy bitcoin

Donald Trump’s social media firm targets $2.5 billion investment to establish 'bitcoin treasury'

Trump Media & Technology Group, operator of Truth Social, plans to secure $2.5 billion, including establishing a "bitcoin treasury." The company secured agreements with institutional investors for $1.5 billion in common stock and $1.0 billion in convertible notes.

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

Trump Media, owner of the Truth Social app, says the agreement will help it create "a bitcoin treasury."

ASX wipes out gains after inflation data; Woodside jumps on LNG approval

The Australian sharemarket gave up its early gains after Australia’s latest inflation figures came in higher than expected, denting investors’ exuberance.

Donald Trump’s Media Conglomerate Is Becoming a Bitcoin Reserve

Trump Media and Technology Group, the parent company to Truth Social, has announced plans to buy up billions of dollars’ worth of bitcoin.

Trump’s media company to take $2.5bn investment to buy bitcoin

About 50 investors will put up $1.5bn in private placement for common shares in the Truth Social operatorUS politics live – latest updatesDonald Trump’s media company said on Tuesday that institutional investors will buy $2.5bn worth of its stock, with the proceeds going to build up a bitcoin reserve.About 50 institutional investors will put up $1.5bn in the private placement for common shares in Trump Media and Technology Group, the operator of…

Trump Media says it's raising $2.5 billion to buy bitcoin

Trump Media owns Truth Social. The move is the latest example of Donald Trump's bid to be seen as the first "crypto president."