bitcoin

TMTG Plans to Raise $3 Billion for Crypto Investments

Trump Media & Technology Group is reportedly planning to raise $3 billion to invest in Bitcoin and other cryptocurrencies. Find out what this means for the crypto space and U.S. digital finance leadership.

$3 Billion Crypto Investment on the Horizon

According to a report by the Financial Times, the funding would include:

  • $2 billion in new equity
  • $1 billion in convertible bonds

The capital raise could be announced at the upcoming Bitcoin 2025 Conference in Las Vegas, where appearances by Vice President JD Vance and Donald Trump’s sons, Donald Jr. and Eric, are expected.

Trump Media’s Growing Interest in Crypto

If the reports are accurate, this move signals a serious shift in strategy for Trump Media. In addition to the potential crypto investments, the company is rumored to be working on:

  • A crypto-focused ETF (Exchange-Traded Fund)
  • NFTs and memecoins
  • Crypto mining operations
  • Mergers and acquisitions in the digital finance space

These efforts align with Donald Trump’s broader goal of making the U.S. a leader in digital asset innovation.

Denials and Controversy

Despite the buzz, TMTG has strongly denied the report. A spokesperson said, “Apparently the Financial Times has dumb writers listening to even dumber sources.” No official statement has yet confirmed the alleged $3 billion raise.

Bigger Picture: Politics Meets Crypto

The timing of this move is notable. Trump’s administration has recently shown increased support for the digital economy:

  • Proposing a U.S. strategic crypto reserve
  • Appointing David Sacks as the new White House AI and crypto czar

This suggests that Trump Media’s crypto ambitions may be part of a larger push to solidify America’s role as a crypto powerhouse.

As of May 26, 2025, Bitcoin was trading at $109,718, bringing its total market cap to around $2.18 trillion. During the day, prices fluctuated between $106,802 and $110,078, showcasing a mix of volatility and technical stability. The 24-hour trading volume came in at approximately $29.24 billion, highlighting strong activity in the market.

Leave a Comment

Your email address will not be published. Required fields are marked *

Review Your Cart
0
Add Coupon Code
Subtotal

 
Exit mobile version