Trump Media & Technology Group Corp. (NASDAQ:DJT) has announced today a $2.5 billion private placement to build one of the largest corporate Bitcoin treasuries to date. The deal, backed by approximately 50 institutional investors, includes $1.5 billion in common equity and $1.0 billion in zero-coupon convertible notes.

The DJT intends to use the proceeds to increase its liquid funds to over $3.0 billion and fund the creation of its Bitcoin treasury, which will position the company as both a media operator and digital-asset holding entity.