Trump’s billion-dollar crypto deal ahead of gala for top investors in his memecoin: Report – US News
U.S. President Donald Trump‘s social media firm, Trump Media & Technology Group, plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday, citing people familiar with the matter.
Trump Media aims to raise $2 billion in fresh equity and $1 billion more through a convertible bond, the report said.The terms, timing and size of the company’s capital raise could still change, the FT report said.
Trump Media’s non-comment blasting publications
Trump Media Group responded to a Reuters request for comment by calling both Reuters and the Financial Times “fake news” outlets. The White House did not immediately respond to a request for comment.
The company behind Truth…
