Trump Media Group to raise $3 billion to acquire crypto: Financial Times
- The Trump Media and Technology Group reportedly plans to raise $3 billion to purchase cryptocurrencies.
- The fund generation will consist of $2 billion in fresh equity and $1 billion from convertible note sales.
- The company previously shared its plans to acquire cryptocurrencies through its Truth.Fi platform.
Trump Media and Technology Group (TMTG) aims to raise $3 billion, comprising $2 billion of new equity and $1 billion from convertible notes, to acquire cryptocurrencies, The Financial Times reported on Monday.
Trump Media Group allegedly set to make $3 billion worth of crypto purchases
Trump Media and Technology Group (TMTG), the Trump-backed company behind social media platform Truth Social and Truth+, is planning…
