According to Jinshi reports, Trump Media Group announced today that it has completed the previously announced private placement with approximately 50 institutional investors. This issuance includes:Selling 55,857,181 shares of the company's common stock at a price of $25.72 per share, raising approximately $1.44 billion in gross funds;Issuing $1 billion principal amount of convertible senior secured notes due in 2028, with a conversion price of $34.72 per share.The total fundraising amounts to approximately $2.44 billion. Trump Media will use about $2.32 billion of the net proceeds to establish a Bitcoin reserve and for other general corporate purposes and working capital. As one of the largest Bitcoin reserve transactions among publicly traded companies, the net proceeds from this issuance and the company's strategy will position Trump Media Group as one of the companies holding the most Bitcoin among U.S. publicly traded companies.After this issuance, Bitcoin will be included in Trump Media Group's balance sheet, alongside a total of $759 million in cash, cash equivalents, and short-term investments as of the end of the first quarter of 2025.

ChainCatcher news, according to Decrypt, Central African Republic President Faustin-Archange Touadéra announced that starting in June, the national meme coin CAR will be used to tokenize and sell online over 1,700 hectares of land on the Solana chain.The land is located in the western part of Bosongo village, 45 kilometers west of the capital Bangui. The presidential decree cites the country's mining laws and tokenization laws, suggesting that the land may be used for mining activities such as gold or diamond extraction.

According to ChainCatcher news and reported by CoinDesk, House Republicans have officially introduced the Digital Asset Market Clarity Act, a 236-page bill aimed at establishing a regulatory framework for the digital asset market.The bill grants the Commodity Futures Trading Commission (CFTC) exclusive regulatory authority over the digital commodity spot market and allows crypto platforms to register with the CFTC or the Securities and Exchange Commission (SEC) based on their business nature. The bill explicitly states that payment stablecoins are not considered securities and exempts decentralized finance (DeFi) operators and wallet service providers from SEC regulation.Additionally, the bill requires the SEC, CFTC, and the Treasury Department to submit a research report on DeFi and non-fungible token (NFT) regulation within one year. If the bill is passed, the relevant regulatory agencies must complete the market structure rulemaking within one year. Currently, the Senate is still advancing the review of the stablecoin bill.

ChainCatcher news, according to GlobenewsWire, sports betting operator SharpLink Gaming, Inc. (NASDAQ: SBET) announced today that it has signed a securities purchase agreement for a $425 million public company private investment (PIPE), planning to issue approximately 69.1 million shares of common stock (or equivalent securities) at a price of $6.15 per share (with company management team members at $6.72 per share).Consensys Software Inc. is leading the investment as the main investor, with participants including well-known crypto venture capital firms such as ParaFi Capital, Electric Capital, Pantera Capital, and Galaxy Digital. The transaction is expected to be completed on May 29.SharpLink plans to use the raised funds to purchase Ethereum as the company's primary treasury reserve asset. After the transaction is completed, Ethereum co-founder and Consensys founder and CEO Joseph Lubin will serve as the chairman of SharpLink's board and will assist the company in developing its core business as a strategic advisor.

ChainCatcher message, James Wynn stated on social media, "Whoever's account 0x2258 is, it's not me, I have no idea who that is. I only trade on one HyperLiquid account, and it's public."

ChainCatcher news, according to Jin Shi reports, sources say that the director of the Federal Emergency Management Agency was prepared to be fired before publicly breaking with Trump at a congressional hearing.

ChainCatcher news, according to Bitcoin Magazine, H100 Group announced that it has purchased 4.39 bitcoins, becoming the first publicly listed company in Sweden to establish a bitcoin reserve.

ChainCatcher News, President Trump pressured his Republican colleagues in Congress on Tuesday to unite in support of a comprehensive tax cut bill, but he clearly failed to persuade a handful of stubborn Republicans who could still block the package that encompasses much of Trump's domestic agenda.In a closed-door meeting on Capitol Hill, Trump bluntly warned House Republicans not to make further changes to the massive bill. He strongly cautioned against making it more difficult for people to access Medicaid benefits. According to a person present who spoke on condition of anonymity, Trump told Republicans, "Don't mess with Medicaid." Trump also discouraged Republicans from seeking further reductions in state and local taxes. However, this issue is particularly important for moderate Republicans in high-tax states like California and New York.

ChainCatcher news, South Korean actress Hwang Jung-eum has been edited out of the final episode of the SBS Plus reality show "Single's Inferno" after admitting to embezzling $3.1 million (approximately 4.34 billion KRW) from her company to invest in cryptocurrency. "Hwang Jung-eum's video clips will not appear in the final episode airing tonight at 8:30 PM," the production team stated on Tuesday, according to local media, "Her comments as a host will also be minimized."Earlier reports indicated that Hwang Jung-eum appeared in court last Thursday at the Jeju District Court, admitting to embezzling approximately $3 million (around 4.2 billion KRW) from her family-run business to purchase cryptocurrency. The South Korean prosecution has charged her under the Act on the Aggravated Punishment of Specific Economic Crimes.

ChainCatcher news, according to GlobeNewswire, the publicly traded company Quantum BioPharma announced that, following board approval, it has additionally purchased $1 million worth of Bitcoin and other cryptocurrencies as part of its strategic initiatives.This brings the total amount of Bitcoin and other cryptocurrencies purchased by the company to $4.5 million. The company is now prepared to accept financing in cryptocurrency and execute other types of cryptocurrency transactions.

ChainCatcher news, according to crypto KOL Pete Rizzo, the US-listed fintech company DigiAsia plans to raise $100 million and has committed to using 50% of its profits to purchase Bitcoin.