Tech News
LAST UPDATE: May 28, 2025
Trump Media Group Plans to Raise $3 Billion to Spend on Cryptocurrencies
Trump Media & Technology Group aims to raise $3 billion—$2 billion in equity and $1 billion via a convertible bond—to invest in cryptocurrencies like Bitcoin, aligning with President Trump’s initiative to establish the U.S. as a global crypto hub.
Insight
This substantial investment underscores the administration’s commitment to integrating cryptocurrency into the national financial strategy. While it may position the U.S. as a leader in digital assets, it also raises questions about regulatory oversight, market volatility, and potential conflicts of interest given the Trump family’s involvement in crypto ventures.
