Trump Media inserts investors for Bitcoin 2.5 billion dollar reserve star-news.press/wp

Trump Media & Technology Group was eavesdropping investors for 2.5 billion dollars for financing the Kryptocurity reserve.

Institutional investors purchased shares in the company under private placement, the company of the Trump Family announced Tuesday, with revenues to be placed in Bitcoin.

About 50 investors bought shared shares worth $ 1.5 billion, with an additional billion dollars placed over convertible bonds. The shares in TMTG fell almost 14% after the announcement.

This move continues the trend of public trading companies that raise capital for Bitcoin stocks as a treasury property. There are currently 30 companies With Bitcoin Reserves listed on Nasdaqu, with cash registers from combined a total of more than $ 85 billion – about 2% of the total coin amount In the market.

Bitcoin on balance sheet

The token had a stunning return – increased 60% last year, which strengthened the balance sheets for many companies. Meanwhile, the terrain for investors on the market stock market is that the treasury provide exposure to crypt’s steep gains without the need to retain assets.

Business intelligence company strategy, previously known as Microstrategy (Mmstr-0,77%), it is considered a draft. Her Executive Director Michael Saylor called top sales and debt financing for building bitcoin war breasts worth over $ 40 billion, move that the company has made 40. by size on the NASDAQ 100 index.

Many of them are Crypto mining firms like mare (Mara-6.54%), Riot platform (Mess-3.30%), and cleaning (CLSK-4.09%). In the middle of narrowing the margin, it cost more for mento bitcoin than purchases in the last quarter of 2024, according to a report overcome. From November, the miners raised more than $ 3.7 billion from convertible bonds to buy tokens.

Crypto-related companies such as Galaxy digital estates, coins (Coin-3.06%) and blocking (Sq+ 0.67%) Also tend reserves, with a combined total $ 3.39 billion valuable bitcoin on their balance sheets. Technical companies outside the crypt industry are also among the owners: Teslin (Tsla-333%) Saving is worth $ 1.27 billion.

Much of the crypto industry predicts that in the coming years gather in the coming years, in the light of President Donald Trump’s desire to now “tCrypto Capital words. “His” Crypto Radnicorce “will share regulatory recommendations until July, asphalting of ways to convey the first type of cryptonation. By predicting legal era. Liquidity.

Crypto firms hand over empty checks

There is also an increase in the listed special purpose collection companies (SPAC), known as empty checks, merging or acquiring cryptous companies to bring them to the public.

One company “Bitcoin-Sound”, twenty-one capital, Inc., launched after merging with Canton Partners with Katonian categories, Spac previously led by the American Secretary of America Secretary of America. Twenty-one equity has more than $ 3.47 billion Bitcoins. Its main goal is to maximize Bitcoin ownership per share and “become the most efficient public vehicle for accumulation and monetization of bitcoin”. In March, Corp Renatus Tactical Acquisition Corp and, Spac related to Trump Media, with the aim of collecting $ 179 million via IPO for broker cryptoturksks and blockchain offers.

CircleCoin Extuer Circle almost went to the public in 2022. year, after $ 9 billion dollars blank check with Concord Cuckition Corp., Spac, but merge failed. On Tuesday, however, Bloomberg reported That circle wants to raise up to 624 million dollars in the initial public offering. The Securities and Exchange Commission were declared in April that it does not consider that the stalks of securities, asphalting ways for the IPO circle.

ETFS connected to the cryptor hit $ 143 billion

There are 30 funds for the exchange that followed the price of digital assets that currently trading on the American Stock Exchange, a list of securities and exchange commission first approved by Bitcoin ETFS. Funds have more than 143 billion dollars in assets under management.

From 20. April, there are 72 active applications for ETFS connected to the cryptor, according to the SEC data, including funds for $ Trump, presidentials Memecoin and $ doge.