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Scraped on 27/05/2025, 17:30:58 UTC
It's always great to have more companies buying billions worth of bitcoin, but I think this kind of reassures everyone's about the Trump administration stance on bitcoin and crypto, although it's been sometime since we last heard anything about bitcoin from them. Your thoughts on the matter and the raising number of companies that are doing this?
Quote from: https://www.coindesk.com/markets/2025/05/27/trump-media-raising-25b-for-bitcoin-treasury-strategy
Trump Media and Technology Group announced a $2.5 billion capital raise to create a bitcoin treasury.
The company said it has secured agreements with about 50 institutional investors for $1.5 billion in common stocks and $1 billion in convertible notes.
The news — initially reported on Monday by the FT — provided a modest but fleeting bump in both DJT stock and BTC.
The company said it has secured agreements with about 50 institutional investors for $1.5 billion in common stocks and $1 billion in convertible notes.
The news — initially reported on Monday by the FT — provided a modest but fleeting bump in both DJT stock and BTC.
impressive! Trump Administration's making such kind of move into Bitcoin really admirable. He has been able to convince about 50 institutional investors on board, which is a pretty big deal. Honestly, it makes sense that you can't avoid Bitcoin's growth now, so sooner or later institutions should have to kiss Bitcoin
Trump is really smart enough to realize that Bitcoin will rule the future world, thats probably why he is looking to establish a strategic Bitcoin reserve. I heard around, he appointed a crypto czar or something, don't know actually how it works, but it seems good to me.
I hope institutional adoption of Bitcoin will increase under Trump because who knows, he might end up officially legalizing Bitcoin as a strategic asset
Original archived Re: Trump Media Raising $2.5B for Bitcoin Treasury Strategy
Scraped on 27/05/2025, 17:25:52 UTC
It's always great to have more companies buying billions worth of bitcoin, but I think this kind of reassures everyone's about the Trump administration stance on bitcoin and crypto, although it's been sometime since we last heard anything about bitcoin from them. Your thoughts on the matter and the raising number of companies that are doing this?
Quote from: https://www.coindesk.com/markets/2025/05/27/trump-media-raising-25b-for-bitcoin-treasury-strategy
Trump Media and Technology Group announced a $2.5 billion capital raise to create a bitcoin treasury.
The company said it has secured agreements with about 50 institutional investors for $1.5 billion in common stocks and $1 billion in convertible notes.
The news — initially reported on Monday by the FT — provided a modest but fleeting bump in both DJT stock and BTC.
The company said it has secured agreements with about 50 institutional investors for $1.5 billion in common stocks and $1 billion in convertible notes.
The news — initially reported on Monday by the FT — provided a modest but fleeting bump in both DJT stock and BTC.
impressive! Trump Administration's making such kind of move into Bitcoin really admirable. He has been able to convince about 50 institutional investors on board, which is a pretty big deal. Honestly, it makes sense that you can't avoid Bitcoin's growth now, so sooner or later institutions should have to kiss Bitcoin.
Trump is really smart enough to realize that Bitcoin will rule the future world, thats probably why he is looking to establish a strategic Bitcoin reserve. I heard around, he appointed a crypto czar or something, don't know actually how it works, but it seems good to me.
I hope institutional adoption of Bitcoin will increase under Trump because who knows, he might end up officially legalizing Bitcoin as a strategic asset.