Trump Media & Technology Group (DJT) Closes Bitcoin Treasury Deal
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Trump Media Closes Bitcoin Treasury Deal
May 30, 2025 11:24 AM EDTCompany Launches Far-Reaching Bitcoin Treasury Strategy
SARASOTA, Fla., May 30, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that it has closed its previously announced private placement offering (the Offering) with approximately 50 institutional investors.
The Offering consisted of the sale of (i) 55,857,181 shares of the Companys common stock, at a price of $25.72 per share, for gross proceeds of approximately $1.44... More
