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Trump's media company will officially start buying Bitcoin, starting with $2.5B

Trump's media company will officially start buying Bitcoin, starting with $2.5B

Trump Media confirmed its treasury deal in an official press release and hinted at integrating bitcoin with Truth Social for "convenience"

 

As part of the deal, 1.5 billion common shares and $1B in convertible notes will be sold for a total of $2.5B, which will then become part of Trump Media's existing balance of $759M, bringing the company's portfolio above the $3B mark

 

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