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Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise
coindesk.com/business/2025/05/30/trump-media-has-23b-in-bitcoin-buying-power-after-closing-capital-raise
Trump Media and Technology Group (DJT), the operator of Truth Social, said on Friday it has closed a $2.44 billion fundraising deal to establish a bitcoin BTC treasury.
DJT shares erased early morning losses and were up 5.6% on the day following the news.
The company sold nearly 56…
This story appeared on coindesk.com, 2025-05-30 16:01:58.