The Latest Breaking News from Trump Media

From Judge Tom Barber (M.D. Fla.) in Trump Media & Tech. Group Corp. v. WP Company LLC: This lawsuit for… The post Trump Media's Suit Can Proceed Against Wash. Post Over "Trust Linked to Porn-Friendly Bank Could Gain a Stake in Trump's Truth Social" Story appeared first on Reason.com.

Michael Saylor's Strategy announced plans to raise $250 million via an IPO to purchase more bitcoin right after buying 705 tokens worth $75 million.

US President Donald Trump's media company said on Tuesday that institutional investors will buy $2.5 billion (around €2.3bn) in the company's stock with the proceeds going to build up a bitcoin reserve.

The Trump Media and Technology Group is raising $2.5 billion for buying crypto and creating its so-called Bitcoin Treasury.

About 50 investors will put up $1.5bn in private placement for common shares in the Truth Social operator

National Public Radio and three local stations filed a lawsuit against President Donald Trump, arguing that an executive order aimed at cutting federal funding for the organization is illegal

The Bitcoin will be used to create a dedicated corporate treasury.

President Donald Trump’s media company says institutional investors will buy $2.5 billion of the company’s stock, with the proceeds going to build up a bitcoin reserve

“Investors know this act by heart,” Stephen Innes of SPI Asset Management wrote.