Trump company announces $2.5 billion bitcoin treasury deal ahead of annual conference

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Trump Media & Technology Group announced on Tuesday that it has entered into agreements with 50 investors to raise roughly $2.5 billion in capital to invest in bitcoin.

TMTG, the company behind President Donald Trump’s Truth Social platform, said in the announcement that the proceeds from the investment would create a bitcoin treasury, a move it hailed as one of the “largest Bitcoin treasury deals of any public company.”

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