Trump Family Media Company Plans $3 Billion Crypto Push – Sri Lanka Guardian
The Trump family’s media venture, Trump Media & Technology Group (TMTG), is preparing to raise up to $3 billion to invest in cryptocurrencies like Bitcoin, according to reporting by the Financial Times. The bold move comes amid a broader push by former President Donald Trump and his allies to position the U.S. as a global leader in digital assets.
According to six individuals briefed on the matter, TMTG — which owns the social media platform Truth Social — is seeking $2 billion in new equity and an additional $1 billion through a convertible bond. The capital raise could be announced as early as this week, coinciding with a major cryptocurrency event in Las Vegas. Expected speakers at the event include…
