Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin BTC treasury.

The company has entered into subscription agreement with about 50 institutional investors, issuing $1.5 billion in common stock and $1 billion in convertible senior secured notes, according to a press release. The offering is expected to close on May 29. Crypto.com and Anchorage Digital will provide custody services for the firm's BTC holding.

The story was initially reported on Monday by the Financial Times.

DJT jumped more than 10% in premarket action, but has turned modestly lower in early regular session trading. Bitcoin is marginally higher, trading just above $110,000.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。