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Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment – TON BOT

Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment

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Trump Media & Technology Group completed a $2.44 billion private placement to fund a Bitcoin treasury strategy. The deal involved 50 institutional investors and includes the sale of shares and convertible notes. The company aims to accumulate Bitcoin and become one of the top five public companies by Bitcoin holdings globally. CEO Devin Nunes sees this move as a strategic pivot towards financial autonomy and digital asset integration. The company will use Crypto.com and Anchorage Digital as custodians for its Bitcoin holdings. Trump Media aims to capitalize on the growing institutional crypto adoption and the “America First economy.”

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