Trump Media Invests $3 Billion in Crypto, Driving Stock Up 5%

Trump Media & Technology Group (DJT), the company behind Truth Social, is taking a major step into the crypto world by planning to raise $3 billion through equity and bonds to invest in digital currencies. This investment plan aims to fuel expansion into crypto financial services, with plans for partnerships with Crypto.com and the creation of ETFs that reflect political priorities. Following this announcement, DJT stock surged 5%, closing at $25.72, reflecting significant investor interest.