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Trump Media Pledges 73% of Its Bitcoin Holdings to Options Program

(1 day ago) · 1 source · Summarized by CryptoBipto

Trump Media, the company behind Truth Social traded under the ticker DJT, has pledged approximately 73% of its Bitcoin holdings to an options program as a $1 billion convertible note deadline approaches. The move appears to be part of the company's strategy to manage its debt obligations using its cryptocurrency reserves.

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SOURCES

  • bitcoinmagazine.com

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