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By James RogersPresident Trump's media platform says it has clinched 'one of the largest bitcoin treasury deals' of any public companyShares of Trump Media & Technology Group Corp. rose Friday after the media company said it completed a deal to raise more than $2.3 billion through the sale of new co…
Trump Media and Technology Group has closed its previously announced private placement offering to create its corporate bitcoin treasury.The offering consisted of the sale of 55.8 million shares of the company’s common stock (ticker DJT), at a price of $25.72 per share, for gross proceeds of $1.44 b…
By Matt PetersonPresident Donald Trump's control of the publicly traded media company that bears his name is weakening as a result of the company's plan to pursue a new stake in Bitcoin.Trump Media & Technology Group, the owner of social-media network Truth Social, on Friday said it had closed a sal…
By Kelly CloonanPresident Trump's media company has closed its private placement offering with institutional investors, raising about $2.44 billion.Trump Media will use the approximately $2.32 billion in net proceeds from the sales to create a bitcoin treasury and for other general corporate purpose…
Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on …
U.S. President social media firm, Trump Media & Technology Group , plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday, citing people familiar with the matter.Trump Media aims to raise $2 billion in fresh equity and $1 billion mor…
Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported. The move would position the company to follow the …
Trump Media & Technology Group reportedly plans to raise $3 billion to buy bitcoin and other cryptocurrencies — financing the investments with proceeds from share sales — according to a Monday report from the Financial Times.TMTG appears not to have pulled any punches when responding to the Financia…
Trump Media and Technology Group, the social media conglomerate backed by US President Donald Trump, is considering integrating a crypto token and wallet into its video streaming site, Truth+."We're exploring the introduction of a utility token within a Truth digital wallet that can initially be use…
Today in crypto, US President Donald Trump is hosting a dinner for top holders of his memecoin. Gaming giant Ubisoft has teamed up with Immutable to launch a blockchain-based strategy card game, and Trump Media has finalized its ETF partnership with Crypto.com.Top TRUMP tokenholders revealed? US Pre…
Opinion by: Roman Cyganov, founder and CEO of AntixIn the fall of 2023, Hollywood writers took a stand against AI’s encroachment on their craft. The fear: AI would churn out scripts and erode authentic storytelling. Fast forward a year later, and a public service ad featuring deepfake versions of ce…
BOCA RATON, Fla., April 10, 2025 (GLOBE NEWSWIRE) — Universal Media Group Inc. is proud to announce the appointment of Edward Constantin as the company’s new Chief Growth Officer.As a seasoned entrepreneur and accomplished trader in both the stock and crypto markets, Edward brings a deep well of …