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Trump Media to Buy $2.5 Billion in Crypto

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The firm that runs President Donald Trump’s Truth Social platform, Trump Media & Technology Group, said on Tuesday that it would purchase roughly $2.5 billion worth of cryptocurrency to establish a “bitcoin treasury.” “The company intends to raise the funds by selling 50 investors $1 billion in convertible debt and $1.5 billion in common stock,” the press statement said. Prior to a press…

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