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Trump Media reportedly plans $3B raise for crypto buys via equity raise, bond backing – TON BOT

Trump Media reportedly plans $3B raise for crypto buys via equity raise, bond backing

Trump Media and Technology Group (TMTG) is raising $3 billion to purchase Bitcoin and other cryptocurrencies. The company plans to sell $2 billion in new equity and $1 billion in convertible bonds. TMTG aims to become the seventh-largest Bitcoin holder and launch crypto exchange-traded funds under the “Truth.fi” brand.


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