<ul><li>Trump Media and Technology Group confirmed a $2.5 billion capital raise to purchase Bitcoin, including $1.5 billion in stock sale and $1 billion in convertible senior secured bonds.</li><li>The company views Bitcoin as a key part of their assets to defend against harassment and discrimination by financial institutions.</li><li>Shares of TMTG dropped over 12% following the announcement of the capital raise, trading around $23.60.</li><li>Other companies like Michael Saylor's Strategy and Semler Scientific have also been increasing their holdings of Bitcoin for their treasuries.</li></ul>

Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise

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