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Trump Media & Technology Group has secured $2.44 billion in a private placement to fund a Bitcoin treasury strategy. The move positions the company among the top corporate holders of BTC globally.
- Trump Media raised $2.44B to build a Bitcoin treasury, aiming for top-five global corporate BTC holdings.
- The deal includes 55.9M shares sold at $25.72 each and $1B in 0% convertible notes due 2028.
- Crypto.com and Anchorage Digital will custody the Bitcoin, aligning with institutional adoption trends post-ETF approvals.
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