The Trump media group is primarily known for the online platform Truth Social. Now she wants to create a billion -dollar reserve of the digital currency Bitcoin.
The Trump media company TMTG wants to get $ 2.5 billion in investors to invest them in the digital currency Bitcoin. $ 1.5 billion is to come from stock sales and a billion from the output of convertible bonds, as the Trump Media and Technology Group announced.
TMTG is primarily known as the operator of the online platform Truth Social. US President Donald Trump has been a majority owner since its foundation and, after the election, transferred his share under the trusted control of son Donald Trump Jr.
Bitcoin is the oldest and best -known digital currency. The course currently lists with more than $ 109,000 near the latest record of more than $ 110,000.
Restrictive course in digital currency is over
The US government took a restrictive course compared to digital currencies for years and warned of damage to investors and a destabilization of the financial system. However, Trump is more open to them and promised corresponding changes to the rules. In a controversial step, he released a kind of digital commemorative coin, the sales of which his family will bring in money. Last week, the President organized dinner for investors who bought most of these “$ Trump” coins.
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Image source:
- Bitcoin crypto: Photospirite on Pixabay
