Trump media announces approximately $2.5 billion bitcoin treasury deal

Sarasota, fla., may 27, 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 entered into subscription agreements with approximately 50 institutional investors, under which the company agreed to issue and sell approximately $1.5 billion in the company's common stock and $1.0 billion in principal amount of 0.00% convertible senior secured notes, for gross proceeds of an aggregate approximately $2.5 billion, in a private placement offering (the “offering”).
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