Trump Media Plans to Raise $2.5B By May 29 to Create a Bitcoin Treasury

The post Trump Media Plans to Raise $2.5B By May 29 to Create a Bitcoin Treasury appeared first on Coinpedia Fintech News

After a previously unconfirmed report of Trump Media raising funds to acquire Bitcoin (BTC) earlier this week, the Donald Trump-backed company announced plans to implement a BTC treasury soon. According to the announcement, Trump Media entered into a subscription agreement with about 50 institutional investors in a bid to raise a total of $2.5 billion, …