Trump Media announced an agreement for a bitcoin treasury worth 2.5 billion dollars. The agreement was made with about 50 institutional investors. The company will conduct a sale of shares worth $1.5 billion and bonds worth $1 billion, and the proceeds will be used to purchase bitcoins. For the storage of bitcoins, there will be collaboration with Crypto-com and Anchorage Digital.
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#Stablecoin Market Cap Hits New High #Strategy Buys More Bitcoin
Trump Media announced an agreement for a bitcoin treasury worth 2.5 billion dollars.
The agreement was made with about 50 institutional investors. The company will conduct a sale of shares worth $1.5 billion and bonds worth $1 billion, and the proceeds will be used to purchase bitcoins. For the storage of bitcoins, there will be collaboration with Crypto-com and Anchorage Digital.