Overview

• The private placement comprised the sale of 55.8 million shares at $25.72 each and $1 billion of 0% convertible notes maturing in 2028.
• Net proceeds of $2.32 billion will fund bitcoin purchases with custody services provided by Crypto.com and Anchorage Digital.
• Fifty institutional investors subscribed to the offering, which was led by Yorkville Securities and Clear Street with Cantor Fitzgerald as advisor.
• DJT shares rebounded 5.6% on the day the deal closed after earlier losses, but remain down more than 37% year-to-date.
• The bitcoin treasury places Trump Media among the largest BTC holders in the U.S. public markets and supports its expanding fintech and ETF plans.