Trump Media & Technology Group (TMTG), the company behind Truth Social, is poised to raise $3 billion to invest in cryptocurrencies. The funding will be accessed through a combination of new share offerings and convertible bonds, totaling the sum. This move signifies growing interest in digital assets by the Trump family. The announcement is anticipated this week during a significant crypto event in Las Vegas, with speakers including Donald Trump Jr., Eric Trump, Senator JD Vance, and David Sacks, Trump’s top crypto advisor. The funding will be primarily allocated towards purchasing cryptocurrencies, particularly Bitcoin, following a strategy similar to MicroStrategy, which successfully leveraged shares and debt to acquire substantial Bitcoin holdings. 3 Billion in Crypto Fund – TMTG also aims to launch a dedicated cryptocurrency-focused Exchange Traded Fund (ETF). This investment aligns with the Trump family’s pre-existing ventures in crypto space, including their involvement in NFTs, memecoins, stablecoin investments, and mining projects.