Trump Media & Technology Group (TMTG), led by President Donald Trump, has announced plans to raise $2.5 billion—comprising $1.5 billion in equity and $1 billion in convertible bonds—to establish a bitcoin treasury. This move aligns with the administration's goal of positioning the U.S. as a global leader in cryptocurrency. The announcement has influenced market sentiment, with Bitcoin's price rising to over $110,000. However, TMTG's stock experienced volatility, initially surging in premarket trading before dropping by 10% after the market opened. The company aims to use the bitcoin reserve to support future initiatives, including subscription services and utility tokens across its platforms.
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BCH
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USD1
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$0.999688
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GRAM
$1.36
▲ +1.40%
Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,974.00
▲ +1.10%
ETH
$1,918.49
▲ +0.80%
USDT
$0.999492
▲ +0.00%
BNB
$594.31
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.04
▲ +0.70%
SOL
$74.84
▲ +2.50%
TRX
$0.327573
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.69
▼ -1.80%
DOGE
$0.070325
▲ +1.50%
USDS
$0.99987
▲ +0.00%
RAIN
$0.012688
▼ -1.00%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▲ +0.60%
ADA
$0.198623
▼ -0.90%
XMR
$380.49
▲ +2.90%
WBT
$56.22
▲ +0.90%
LINK
$8.30
▲ +0.90%
XLM
$0.163748
▲ +1.20%
DAI
$1.00
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BCH
$216.83
▲ +0.70%
USD1
$0.999829
▲ +0.00%
USDE
$0.999688
▲ +0.00%
GRAM
$1.36
▲ +1.40%
BTC
$64,974.00
▲ +1.10%
ETH
$1,918.49
▲ +0.80%
USDT
$0.999492
▲ +0.00%
BNB
$594.31
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.04
▲ +0.70%
SOL
$74.84
▲ +2.50%
TRX
$0.327573
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.69
▼ -1.80%
DOGE
$0.070325
▲ +1.50%
USDS
$0.99987
▲ +0.00%
RAIN
$0.012688
▼ -1.00%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▲ +0.60%
ADA
$0.198623
▼ -0.90%
XMR
$380.49
▲ +2.90%
WBT
$56.22
▲ +0.90%
LINK
$8.30
▲ +0.90%
XLM
$0.163748
▲ +1.20%
DAI
$1.00
▲ +0.00%
BCH
$216.83
▲ +0.70%
USD1
$0.999829
▲ +0.00%
USDE
$0.999688
▲ +0.00%
GRAM
$1.36
▲ +1.40%
Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,974.00
▲ +1.10%
ETH
$1,918.49
▲ +0.80%
USDT
$0.999492
▲ +0.00%
BNB
$594.31
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.04
▲ +0.70%
SOL
$74.84
▲ +2.50%
TRX
$0.327573
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.69
▼ -1.80%
DOGE
$0.070325
▲ +1.50%
USDS
$0.99987
▲ +0.00%
RAIN
$0.012688
▼ -1.00%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▲ +0.60%
ADA
$0.198623
▼ -0.90%
XMR
$380.49
▲ +2.90%
WBT
$56.22
▲ +0.90%
LINK
$8.30
▲ +0.90%
XLM
$0.163748
▲ +1.20%
DAI
$1.00
▲ +0.00%
BCH
$216.83
▲ +0.70%
USD1
$0.999829
▲ +0.00%
USDE
$0.999688
▲ +0.00%
GRAM
$1.36
▲ +1.40%
