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Trump Media Announces Approximately $2.5 Billion Bitcoin Treasury Deal

Provided By GlobeNewswire

Last update: May 27, 2025

SARASOTA, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that it has entered into subscription agreements with approximately 50 institutional investors, under which the Company agreed to issue and sell approximately $1.5 billion in the Company’s common stock and $1.0 billion in principal amount of 0.00% convertible senior secured notes, for gross proceeds of an aggregate approximately $2.5 billion, in a private placement offering (the “Offering”).

Read more at globenewswire.com

TRUMP MEDIA & TECHNOLOGY GRO

NASDAQ:DJT (5/29/2025, 12:24:43 PM)

21.43

-0.06 (-0.28%)



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