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1Bitget Daily Digest (May 27)｜Trump Media Denies Crypto Fundraising, Strategy Acquires 4,020 BTC Last Week2XRP Price Suffers Downtrend as Overvaluation Delays Recovery To $2.503Trump Media Plans $3B Raise to Buy Bitcoin and Crypto Assets as Ethics Firestorm Looms
Trump Media puts $2.5 billion into Bitcoin day after denying rumors of $3 billion investment
Share link:In this post: Trump Media raised $2.5 billion to build a Bitcoin treasury through private deals with 50 investors. The money came from $1.5B in stock and $1B in convertible notes with a 35% premium. CEO Devin Nunes said Bitcoin will protect the company from financial discrimination and support future products.
Cryptopolitan·2025/05/27 19:01
Stellar (XLM) Dethrones Shiba Inu, Will It Last?
CryptoNewsNet·2025/05/27 17:24
XRP Price Prediction for May 27
CryptoNewsNet·2025/05/27 17:24
Dogecoin Rebounds 5.5% as Whale Accumulation Fuels Bullish Momentum
CryptoNewsNet·2025/05/27 17:24
TRX Slightly Up, FET Declines by Over 6%
Coinlineup·2025/05/27 09:08
Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K
Cointelegraph·2025/05/27 08:33
Research Report | In-Depth Overview of SOPHON & $SOPH Valuation Analysis
西格玛学长·2025/05/27 08:30
Solana Price Prediction: The SOL Ecosystem Just Got an Upgrade – And It Might Be the Most Bullish One Yet
In this Solana price prediction, we look at the blockchain's latest product launch and analyze its potential impact in the price of $SOL.
CryptoNews·2025/05/27 04:00
XRP Price Prediction: $16B Real Estate Project Goes Live on XRP Ledger – $500 XRP Coming Soon?
The collaboration between the Dubai Land Authority and Ctrl Alt will run on XRP ledger, and is aiming to grow to $16 billion by 2033.
CryptoNews·2025/05/27 04:00
Chainlink’s $66B Bombshell: Analysts Warn $LINK Could Explode 133% to $36.5
CryptoNews·2025/05/27 04:00
Flash
- 20:17The three major U.S. stock indices collectively closed higherAccording to a report by Jinse Finance, the three major U.S. stock indices collectively closed higher, with the Dow Jones up 1.78%, the Nasdaq up 2.47%, and the S&P 500 index up 2.05%. Large tech stocks rose across the board, with Tesla up nearly 7%, Nvidia up over 3%, and Apple, Microsoft, Amazon, Google, and Meta all up over 2%.
- 20:16Trump Media & Technology Group briefly fell nearly 12%On May 27, according to market data, Trump Media & Technology Group (DJT.O) briefly fell nearly 12%, marking the largest single-day drop since March 10. The current decline is 10.61%. Today, Trump Media & Technology Group announced the launch of a Bitcoin treasury plan worth approximately $2.5 billion, incorporating BTC into its asset reserves for financial stability and long-term value storage.
- 20:16Publicly Listed Company KULR Holding 800 BTC to be Included in the Russell 3000 IndexOn May 27, according to GlobeNewswire, energy management company KULR Technology Group will officially be included in the 2025 Russell 3000® Index after the market opens on June 30. This restructuring is based on the market capitalization ranking as of April 30, and KULR will also be included in the Russell Microcap® Index. CEO Michael Mo stated that this move is expected to enhance the company's visibility and liquidity among institutional investors. It is noteworthy that KULR had already incorporated Bitcoin into its treasury strategy last year, with up to 90% of remaining cash available for BTC allocation.