Trump Media to raise $3 billion to spend on cryptocurrencies, FT reports

Reuters
2025.05.26 16:22
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Trump Media & Technology Group plans to raise $3 billion to invest in cryptocurrencies, including bitcoin. The company aims to secure $2 billion in new equity and an additional $1 billion through a convertible bond. The specifics regarding the terms, timing, and size of the capital raise may still change, according to a report by the Financial Times.