Trump Media Group Planning Massive Crypto Purchase, Seeking $3 Billion

Trump Media Group is reportedly seeking a $3 billion investment for a major foray into the cryptocurrency market. According to The Financial Times, this funding will be raised through $2 billion in fresh equity and $1 billion in convertible bonds. Six sources familiar with the matter provided insights, but no further details were disclosed. The firm may officially announce this fundraising during the upcoming Bitcoin 2025 conference in Las Vegas.