The Trump Media & Technology Group, the company that owns President Donald Trump’s Trump Trump, announced on Tuesday to buy about $ 2.5 billion of cryptocurrencies to create what you call the “Bitcoin Treasury”. The company plans to raise funds by selling $ 1.5 billion in shared shares and $ 1 billion of transferred debts to 50 investors, according to a press release.
The news, which I reported for the first time Financial times Due to the presence of 3 billion dollars before Trump issued a press release, it comes after President Donald Trump held a dinner for some of the largest investors in his encrypted currency, called “Mimikoen”, because it has no practical uses that exceed speculation. Trump spent only 20 minutes at dinner, according to L. Several reports And attendance disappointed.
Crypto.com and Anchorage Digital will have already bitcoin for the media, according to a press statement. Trump has already launched a financial company called Truth.fi in February and will provide investment funds that are supposed to be a substitute for the so -called “wake” investment, such as Bloomberg News Put it.
“We consider Bitcoin as a summit for financial freedom, and now the media will hold Trump, a coded currency as a decisive part of our assets,” Trump’s CEO of Trump, CEO of Trump, said in a statement full of the type of tannal words and the right grievance of the encryption industry.
“The first acquisition of the assets of the crown jewel 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 Truth and Truth+,”
Truth+ is the new video flow channel full of right -lease content. But the coding axis is now logical after Trump has once again become the most powerful person in the country. Nunez concluded that “it is a big step forward in the company’s plans to develop to a holding company by acquiring the additional assets of the Crown Prince’s additional jewel that corresponds to America’s first principles.”
Trump’s encrypted endeavors are widely considered the most corrupt act of any American president sitting in the modern era. The president earns money in transactions fees whenever his currency is purchased and sold, and the encryption contributed billions of dollars in the net net value of his family, according to what he said. CBS news.
Justin Sun attended the Trump encryption dinner last week, a 34 -year -old tricky billionaire who was under investigation by the Securities and Stock Exchange until Trump took office in January. Sun, who was born in China and is currently based in Hong Kong, was, Nervous To the United States during President Joe Biden’s action due to his fears, he will be arrested in SEC allegations that he has dealt with the market because of the Tron Cryptocurrency.
The list of guests has not been released for dinner, however New York Times He was able to know the identities of the other attendees, including the character of the Caitlin Singlair and the former American Professional League star Lamar Odum, along with a group of other people of the encryption world.
Trump was previously skeptical of cryptocurrencies, but he had almost a faced during the 2024 presidential campaign when he fully built the fake money world. Trump regime members are expected to speak at the Chefir Conference in Las Vegas this week alongside President Trump’s family. Vice President JD Vance and “Crypto CZAR” David Sacks will attend with the Presidents of the President Don. Son and Eric Trump.
Bitcoin price was mostly fixed on Trump’s media plans news, holding about $ 109287, according to CoinmarketCap. The Bitcoin price wanders around its highest level ever, which was first unloaded last week before a modest withdrawal in the price. Trump $ 1 % rose to $ 1 to $ 12.77 on Tuesday. Trump has decreased significantly since it reached the highest level ever at about 75 dollars, on January 19, on the day before the launch of Trump for the second time.
The price of Trump Media (TMTG) fell by 10 % on Tuesday morning.
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