The media Trump to create Bitcoin Treasury through an investment deal worth $ 2.5 billion

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the Trump Media and Technology Group On Tuesday, it announced a $ 2.5 billion deal with institutional investors to establish the Bitcoin Ministry.

The company said in a statement that the deal, which is expected to close on Thursday, May 29, will include a $ 1.5 billion version in addition to a billion dollars of convertible observations.

The $ 2.5 billion deal is implemented through a special offer and a construction will be funded Bitcoin Ministry of Treasury. Trump, the media is the parent company to implement the real social media.

President -elect Donald Trump

Donald Trump interacts at the Bitcoin 2024 conference in Nashville, Tin. (Getty Images)

“We consider Bitcoin as a financial freedom summit, and now the media in the cryptocurrency will be held as a crucial part of our assets,” said Divin Nunes, CEO of Trump Media.

Trump Media and Crypto.com partner in ETF offers

Bitcoin and dual code

The Bitcoin Trembon Treas is created by a $ 2.5 billion deal. (Jakub Porzycki/Nurphoto via Getty Images)

Nunes explained that the company is looking at Crossed currency cabinet As a way to secure the media Trump from financial institutions that can be bothered or distinguished against the company.

Nones said: “The first acquisition of the crown jewel’s assets will help this investment in defending our company against harassment and discrimination by financial institutions, which afflict many Americans and American companies, and will create a synergy for subscription payments, facilities symbol, and other planned transactions through social and truth+,” said Nones.

“It is a big step forward in the company’s plans to develop to a holding company by obtaining the additional assets of the crown prince, which corresponds to the first principles of America,” Nunes added.

Trump shares are rising after the company announced the expansion of financial services

Devin Nunes in CPAC

Trump CEO, Media Devin Nunes, said that the Bitcoin Ministry would allow the company to invest in “Crown Jewel Assets”. (Dylan Holingsworth/Bloomberg via Getti Emaiz)

Crypto.com and Anchorage Digital will provide Bitcoin Capture services from Trump Media.

Trump’s share of the media fell about 10 % during the trading session starting on Tuesday morning.

In January, Trump has announced plans to launch Truth.fi, which will be presented Financial services and products, Including multiple investment compounds, which he said will be offered this year.

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Trump cooperated to the media in March with Crypto.com to present it Funds circulating for exchange (ETFS), including traded investment funds that focus on digital assets and a basket of cryptocurrencies, including bitcoin.



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