Trump Media Group Plans to Raise $3 Billion for Cryptocurrency Investment

PA Frontline

2025/05/26 23:52

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PANews, May 26 - According to the Financial Times, Trump Media & Technology Group (TMTG), owned by the Trump family, plans to raise $3 billion to purchase cryptocurrencies such as Bitcoin, including $2 billion in equity financing and $1 billion in convertible bonds. This plan may be announced this week ahead of the cryptocurrency conference in Las Vegas. TMTG's move mirrors MicroStrategy's strategy of significantly acquiring Bitcoin through stock issuance and bond sales to strengthen its position in the digital assets sector.$BTC #比特币突破11万美元