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"Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT"
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"The company, controlled by the Trump family, plans to raise $2 billion in fresh equity and another $1 billion through a convertible bond offering. The capital raise could be announced ahead of The Bitcoin 2025 Conference in Las Vegas, where several Trump family members are expected to speak. The move comes amid a wider cryptocurrency resurgence, with Bitcoin hitting a new record of $111,999 last week."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqwg6f24v2csa7p6zy9828t3udmny0s3ledd6akx2dqksehd780krsc36atj\nhttps://bitcoinmagazine.com/wp-content/uploads/2025/05/Trump-Media-Group-Seeks-3-Billion-War-Chest-to-Buy-Bitcoin-and-Crypto-Assets.jpg\nBitcoin Magazine Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT Trump Media and Technology Group (TMTG), the company behind Truth Social and controlled by the Trump family, is preparing to raise a staggering $3 billion to invest in cryptocurrencies such as Bitcoin, according to the Financial Times. The media venture plans to secure $2 billion in fresh equity and another $1 billion through a convertible […] This post Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT first appeared on Bitcoin Magazine and is written by Jenna Montgomery.\nhttps://bitcoinmagazine.com/news/trump-media-group-seeks-3-billion-war-chest-to-buy-bitcoin-and-crypto-assets-ft",
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