<ul><li>Trump Media Group confirmed a $2.5 billion capital raise, with $1.5 billion in stock and $1 billion in notes to buy Bitcoin, just a day after dismissing the original report from The Financial Times.</li><li>The company plans to hold Bitcoin along with $759 million in existing liquid assets, with custody of the digital assets being managed by Anchorage Digital and Crypto.com.</li><li>TMTG stock price dropped over 12% post-announcement, currently trading around $23.05.</li><li>The move aligns Trump Media with other publicly traded companies adopting Bitcoin strategies, following in the footsteps of MicroStrategy.</li></ul>

Trump Media Nets $2.5 Billion to Become Wall Street’s Biggest Bitcoin Whale

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