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Trump Media & Technology Group's stock swings reflect plans to buy Bitcoin, aiming for a $2.5B treasury.
Trump Media & Technology Group's stock saw a volatile day, initially rising 15% in premarket trading before dropping 10% post-opening.
The fluctuations stem from reports that the company plans to raise $2.5 billion to purchase Bitcoin, aiming to build a significant Bitcoin treasury.
The company, which owns the social media platform TRUTH Social, reported a recent quarterly loss of $0.14 per share.
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Las oscilaciones bursátiles de Trump Media & Technology Group reflejan planes para comprar Bitcoin, con el objetivo de una tesorería de $ 2.5B.