“Public Trump Media and Technology Group (TMTG)-Truth Social Social Network Operator and Truth.fi Fintech Brand-has concluded $ 2.5 billion in private securities. “This investment will help us protect ourselves from oppression and discrimination from financial institutions that many Americans and American businesses face. […] […]”, – WRITE: Businessua.com.ua
Public Trump Media and Technology Group (TMTG)-TRUTH SOCAL SOCIAL SOCIAL OPERATER AND TRUTH.FI Fintech Brand-entered into a private placement agreements $ 2.5 billion papers are invested in bitcoin reserves.
“This investment will help us protect ourselves from oppression and discrimination from financial institutions that many Americans and American businesses face. […] This is a significant step in converting to a holding company by purchasing profitable “crown” assets, according to the Principles of American First, “CEO Trump Media said Devin Nunes.
Of the total $ 2.5 billion $ 1.5 billion, it is represented by ordinary shares at the last market price, another $ 1 billion – convertible bonds with a premium of 35%. 50 institutional investors were involved in the procedure.
Crypto.com and Anchorage Digital will become the bitcoin-scarbin. Cantor Fitzgerald has been a financial adviser.
The purchased bitcoins will be placed on the company’s balance sheet with $ 759 million in cash, equivalents and short -term investments.
Recall that the Swedish honey company H100, with the support of Adam Beck, raised funds for the creation of a BTC reserve.
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