Trump Media Announces Bitcoin Reserve Funded by Institutional Investors

Reported 3 days ago

Trump Media has revealed that it will raise $2.5 billion from institutional investors to create a bitcoin reserve. The funds will be raised through a private placement of common shares and convertible senior notes, with the aim of defending the company against financial institution discrimination. This marks a shift in former President Trump's stance on cryptocurrencies, as he previously criticized them during his presidency.

Source: YAHOO

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