Trump’s media company says it buys $ 2.5 billion in bitcoin

President Donald Trump’s media company company can own $ 2.5 billion in Bitcoin. Tuesday, The media announced Trump It works with “about 50 institutional investors” to sell and issue $ 1.5 billion in stocks and $ 1 billion of convertible observations. The company, which runs the social truth among other services, will be used to create a large bitcoin contract.

Trump Media says Crypto.com and Crypto Banking Anchorage Digital will provide nursery services for the company’s Ministry of Bitcoin.

“We consider Bitcoin as APEX financial freedom tool, and now the media in the cryptocurrency will be held as a decisive part of our assets,” Trump CEO Divin Nunes said in the press statement. “The first acquisition of the assets of the crown jewel will help this investment in defending our company against harassment and discrimination by financial institutions.”

The media announced Trump Fintech sub -company His name is Truth.fi earlier this year, and the Trump family is behind the start of the Crypto World Liberty Financial, which brought together millions in deals New York Times conclude “It captures the borders between private institutions and government policy.”