Reed smith serves as legal counsel to placement agents in trump media's $2.5 billion bitcoin treasury deal

Miami , june 13, 2025 /prnewswire/ -- global law firm reed smith served as legal counsel to the placement agents in trump media and technology group corp.'s groundbreaking $2.5 billion bitcoin treasury deal, one of the largest cryptocurrency treasury acquisitions by any public company. trump media and technology group corp. (nasdaq: djt, nyse: djt), operator of the social media platform truth social, the streaming platform truth+, and the fintech brand truth.fi, entered into subscription agreements with approximately 50 institutional investors for a private placement offering comprising $1.5 billion in common stock and $1 billion in convertible senior secured notes.
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