Trump Media Unveils $400M Buyback While Guarding $2.3B Bitcoin War Chest - adtechsolutions

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Trump Media Unveils $400M Buyback While Guarding $2.3B Bitcoin War Chest


Trump Media & Technology Group Corp., the parent company of Truth Social, announced plans to buy its shares worth up to $ 400 million.

Move, confirmed In a press release on Monday, it was approved by the Board of Directors and will include repurchase of ordinary shares and orders through free market transactions.

All retired shares will be retired and the timing of the repurchase will be left at the discretion of the company. Trump Media says the plan is composed by the regulations of the Securities and Stock Exchange Commission (SEC).

With the war chest $ 3b, Trump Media moves on back buyers and bitcoins simultaneously

The company that trades under The Ticker DJT to Nasdaq and NYSE Texas has described the return as part of a wider effort to return the value of shareholders while maintaining flexibility for future growth.

Devin Nunes, CEO and Chairman of Trump Media, said the decision reflects the trust of the Board of Directors in the long -term direction of the company.

“The Board of Directors voted on trust in our company, our shares and our strategic plans,” Nunes said.

“Since Trump Media now has approximately $ 3 billion in its balance sheet, we have flexibility for such steps that support the strong return on shareholders because we continue to explore other strategic opportunities.”

When the back -off program was launched, the company explained that its previously announced bitcoin strategy remains fully intact. In May Trump Media revealed private agreements of $ 2.3 billion Designed to finance the long -term Bitcoin box office.

On Monday, the company confirmed that the purchase of shares will not interfere with its crypto strategy. According to the statement, both initiatives are independently financed.

Trump Media said it intends to model its bitcoin treasury plans after Microstratega, a company led by Michael Saylor, which has accumulated Over $ 14 billion in Bitcoin’s economies.

The financial department between the purchase of shares and the crypt cash register gives the company space for negotiations on both fronts. Trump Media has noted that it can also consider buying back its excellent convertible notes in the future, either through market purchases or private stores.

Trump Media continued to expand its brand, which includes not only social but also for the truth+ and Fintech platform Truth.fi.

The company did not publish a specific timeline for the repurchase program, but confirmed that all back -offs would be processed under standard market conditions.

With $ 3 billion in cash, the company says it remains in a strong financial situation to follow multiple strategies at the same time.

Trump Media Advances 2,3B Bitcoin Strategy with ETF Ambitions, SEC and New Partnership

After announcing a $ 400 million repurchase, Trump Media & Technology Group (TMTG) doubles on its digital asset, with a Bitcoin cash register in the amount of $ 2.3 billion.

May 30. Society He confirmed that he had received $ 2.44 billion through a private placement including nearly 50 institutional investors. The increase included $ 55.9 million shares of $ 25.72 and $ 1 billion in convertible notes with zero coupon, with the proceeds set out on the acquisition of bitcoins and general operations.

According to Trump Media, this movement suggests a long -term shift towards the possession of bitcoins as a basic treasury asset.

Just a few weeks later, 13 June, US Sec Approved statement of registration S-3 TMTG, A key step at starting your extensive Treasury Bitcoin strategy. Approval adds the regulatory support of one of the most ambitious cryptological games of American public society.

Then, 16 June, TMTG File for the truth of social bitcoin and ethereum etfIt strives for a list of funds on NYSE Arca. The suggested ETF would assign 75% to bitcoins and 25% to Ethereum, with Crypto.com to act as a guardian and agent for execution.

If the fund was approved, it could offer direct crypto -sales and institutional investors under the brand of truth.fi.

TMTG also announced plans to expand its ETF offers to other sectors, including energy, Through partnership with Yorkville America Digital and Crypto.com.

Together, these movements will place Trump Media as a growing power in finance crypto and mixes political brands with financial products supported by bitcoins on a scale that only a few American societies have tried.

Contribution Trump Media is a purchase of $ 400 million to protect 2.3 B bitcoin war chest He appeared for the first time Cryptonews.





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