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Trump Media Group to Raise $3 Billion to Buy Crypto: Report

According to the report, the Trump-linked company plans to announce the raise at the upcoming Bitcoin 2025 conference.
George Georgiev

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Trump Media Group is reportedly planning to raise a whopping $3 billion to buy crypto.

According to Financial Times, the raise will include $2 billion in fresh equity and $1 billion through convertible bonds.

The report cited six people familiar with the matter but there is no further information.

However, the firm may formally announce the raise during the upcoming Bitcoin 2025 conference in Las Vegas.

The move comes as more US-based companies are venturing into the field of digital assets.

Most notably, of course, Strategy just bought another $427 million worth of BTC. With that, the firm now holds a whopping 580,000 BTC and sits on paper profits upwards of $23 billion.

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About the author

George Georgiev
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Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over 8 years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.