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BTC reclaims $110k as Trump Media announces $2.5B Bitcoin treasury
- Trump Media and Technology Group announces plans to raise $2.5 billion to invest in Bitcoin (BTC).
- Bitcoin price surged above $110,000 after the news, rising from around $109,000.
- The company has entered agreements with 50 institutional investors to secure the funds.
- Trump Media views Bitcoin as a significant asset and plans to adopt a Bitcoin treasury as part of its holdings.
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