# @tier10k: Trump Media raises $2.5B, plans Bitcoin treasury via Crypto.com and An

Source: https://x.com/tier10k/status/1927351516173656203
Kiwi News: https://news.kiwistand.com/stories/tier10k-Trump-Media-raises-dollar25B-plans-Bitcoin-treasury-via-Cryptocom-and-An?index=0x6835bbbad0f2219c6c564b441bf43265a568795e226a5fe557030fe97a3d7befb012eb8d
Submitted by tim on 2025-05-27 UTC, 2 upvotes, 0 comments

## Summary

Trump Media and Technology Group Corp. announced subscription agreements with approximately 50 institutional investors for a private placement totaling about $2.5 billion. The offering includes approximately $1.5 billion in common stock and $1.0 billion in 0.00% convertible senior secured notes, with proceeds intended for creating a Bitcoin treasury. The company plans to use Crypto.com and Anchorage Digital for custody, and the offering is expected to close on or about May 29, 2025.

## Article

Trump Media and Technology Group Corp. announced it has entered into subscription agreements with approximately 50 institutional investors for a private placement offering totaling approximately $2.5B.

The offering includes approximately $1.5B in common stock and $1.0B in 0.00% convertible senior secured notes, with the proceeds intended for the creation of a Bitcoin treasury.

The company will use Crypto .com and Anchorage Digital for custody of its Bitcoin treasury, and the offering is expected to close on or about May 29, 2025.