Tuesday, July 1, 2025

Creating liberating content

Soon, one doll became two, and then the island was

Access Denied You don’t have permission to access ” on

Related News

Soon, one doll became two, and then the island was flooded with hundreds of these dolls as Julián began collecting discarded dolls and hanging them here. He also claimed he

The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025, the central bank said in an official release on Tuesday.Before

Some 60 km from Bengaluru lies a quick peaceful retreat which is blessed with immense natural beauty and it is known as Nandi Hills. This scenic hill station is set

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1751389020.d844a7 Source link

Hero Motors IPO: Hero Motors has refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) with an

Bay Area Rapid Transit (BART) passengers walk off a train at the Richmond station on March 15, 2023 in Richmond, California. Justin Sullivan | Getty Images Commuters in and around

Trending News

Hero Motors IPO: Hero Motors has refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) with an

MUMBAI: Shadowfax has filed draft IPO papers with markets regulator Sebi through the confidential filing route. The company is seeking to raise up to Rs 2,000-2,500 crore comprising a mix

HDB Financial Services, the non-banking finance arm of HDFC Bank, will make its stock market debut on Wednesday with grey market activity indicating a strong listing. According to ET, the

New Delhi, The Competition Commission of India (CCI) on Tuesday ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sale of

Access Denied You don’t have permission to access ” on this server. Reference #18.27fdd417.1751375768.90018f2 Source link

NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to

Donald Trump’s social media firm targets $2.5 billion investment to establish ‘bitcoin treasury’

Word Count: 608 | Estimated Reading Time: 4 minutes


Donald Trump’s social media firm targets $2.5 billion investment to establish 'bitcoin treasury'

US President Donald Trump’s social media enterprise revealed its strategy on Tuesday to secure approximately $2.5 billion, with intentions to establish a “bitcoin treasury”, while confirming cryptocurrency’s significant role in its portfolio.Trump Media & Technology Group, the operator of Truth Social platform, confirmed in its announcement that it has secured subscription arrangements with approximately 50 institutional investors, as reported by AFP.The agreements stipulate the company’s commitment to issue and distribute roughly $1.5 billion in common stock alongside $1.0 billion in convertible senior secured notes through a private placement offering.“The Company intends to use the proceeds for the creation of a Bitcoin treasury. One of the largest Bitcoin treasury deals of any public company, the move closes Trump Media’s previously announced special acquisition fund, which is one of numerous ways, including through potential mergers and acquisitions, that the Company is aiming to expand its reach throughout the America First economy,” said the company in its press release.The company indicated the offering should conclude around May 29. Their stock value experienced a 10.4 percent decline at closing. “We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets,” said Trump Media CEO Devin Nunes.He further added that the investment would “help defend our Company against harassment and discrimination by financial institutions.”The organisation expressed its intention to broaden its influence “throughout the America First economy,” revealing that Anchorage Digital would provide custody services for its bitcoin treasury.Trump has declared his intention to transform the United States into the “crypto capital of the world.”Trump’s recent interest in digital currencies has developed into several ventures, primarily managed by his eldest sons.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account