09:28 AM EDT, 05/27/2025 (MT Newswires) -- Trump Media & Technology Group ( DJT ) said Tuesday that it has signed subscription agreements with about 50 institutional investors to issue and sell roughly $1.5 billion of its common shares and $1 billion of 0% convertible senior secured notes, for gross proceeds of about $2.5 billion, in a private placement offering.

Proceeds will be used to create a bitcoin treasury, the company said.

The offering is expected to close on or about Thursday.