Trump media plans $3b crypto push amid market boom

Trump Media & Technology Group is preparing a massive $3 billion fundraising round to invest heavily in cryptocurrencies like Bitcoin, signaling deeper ties between the Trump family and the digital asset world.

Trump Media & Technology Group (TMTG), the company behind Truth Social and linked closely to Donald Trump’s family, is reportedly planning to raise $3 billion to invest in cryptocurrencies such as Bitcoin. The plan includes $2 billion from new equity and $1 billion through a convertible bond, according to sources familiar with the move.

The announcement could align with a major crypto event in Las Vegas, where high-profile figures like Vice President JD Vance, Donald Trump Jr., Eric Trump, and crypto…

Source link