{"id":3532,"date":"2025-05-26T17:16:46","date_gmt":"2025-05-26T17:16:46","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/26\/trump-media-group-seeks-3-billion-war-chest-to-buy-bitcoin-and-crypto-assets-ft\/"},"modified":"2025-05-26T17:16:46","modified_gmt":"2025-05-26T17:16:46","slug":"trump-media-group-seeks-3-billion-war-chest-to-buy-bitcoin-and-crypto-assets-ft","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/26\/trump-media-group-seeks-3-billion-war-chest-to-buy-bitcoin-and-crypto-assets-ft\/","title":{"rendered":"Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT\u00a0"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-media-group-seeks-3-billion-war-chest-to-buy-bitcoin-and-crypto-assets-ft\">Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT\u00a0<\/a><\/p>\n<div><\/div>\n<p><a href=\"https:\/\/tmtgcorp.com\/\" target=\"_blank\">Trump Media and Technology Group<\/a> (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 <a href=\"https:\/\/bitcoinmagazine.com\/culture\/bitcoin-care-1390549243\">Bitcoin<\/a>, <a href=\"https:\/\/www.ft.com\/content\/cc55d091-0b28-40bb-a11c-e32d4e121ca3\" target=\"_blank\">according<\/a> to the Financial Times.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN:  Trump Media Group to raise $3 billion to buy Bitcoin and crypto \u2014 Financial Times <a href=\"https:\/\/t.co\/VEyvy5vpGZ\" target=\"_blank\">pic.twitter.com\/VEyvy5vpGZ<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1927031505915703465?ref_src=twsrc%5Etfw\" target=\"_blank\">May 26, 2025<\/a>\n<\/p><\/div>\n<p>The media venture <a href=\"https:\/\/archive.is\/a2U1H#selection-2179.51-2179.90\" target=\"_blank\">plans to secure<\/a> $2 billion in fresh equity and another $1 billion through a convertible bond offering, those familiar with the matter told the Financial Times. The capital raise could be formally announced ahead of <a href=\"https:\/\/b.tc\/conference\/2025\" target=\"_blank\">The Bitcoin 2025 Conference<\/a> in Las Vegas this week, where Vice President JD Vance, Donald Trump Jr., Eric Trump, and Trump\u2019s crypto advisor David Sachs are expected to speak.\u00a0<\/p>\n<p>The secondary equity offering will be carried out on an at-the-market basis, meaning shares are expected to be priced near the most recent closing price of $25.72, giving TMTG a current valuation of nearly $6 billion.\u00a0<\/p>\n<p>TMTG\u2019s push comes amid a wider cryptocurrency resurgence. <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-breaks-record-all-time-high-with-surge-above-109000\">Bitcoin hit a new record<\/a> of $111,999 last week, and investor interest in crypto-related plays has surged. The strategy echoes that of Strategy, which used a similar blend of debt and equity financing to buy tens of billions of dollars in Bitcoin\u2014catapulting its market cap to over $100 billion.\u00a0\u00a0<\/p>\n<p>Although the news is still yet to be confirmed by TMTG, a comment they made to the Financial Times may give some doubt to the validity of the story:<\/p>\n<p>\u201cApparently the Financial Times has dumb writers listening to even dumber sources\u201d, reportedly said TMTG. A White House spokesperson also declined to weigh in. Representatives for Donald Trump Jr. did not respond to requests for comment and Reuters also did not immediately receive a request for comment.<\/p>\n<p>TMTG\u2019s deepening crypto pivot has included a slew of ventures: an NFT trading card series, two memecoins, investments in crypto miner American Bitcoin and stablecoin platform World Liberty Financial, and an upcoming crypto <a href=\"https:\/\/bitcoinmagazine.com\/guides\/what-is-a-bitcoin-etf\">ETF.<\/a>\u00a0<\/p>\n<p>After returning to the White House last year, Trump transferred his 53% stake in TMTG\u2014worth roughly $3 billion\u2014to a revocable trust controlled by Donald Trump Jr., who holds full investment and voting authority.<\/p>\n<p><em>This is a developing story and will be updated as needed.<\/em><\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-media-group-seeks-3-billion-war-chest-to-buy-bitcoin-and-crypto-assets-ft\">Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT\u00a0<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/jennamontgomery\">Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT\u00a0 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. JUST [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3533,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3532"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3533"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}