Trump Media plans to raise $3 billion to acquire crypto assets
Trump Media and Technology Group (TMTG), which operates the social media platform Truth Social, is reportedly looking to raise $3 billion for the acquisition of cryptocurrency assets, according to a report by the Financial Times. This fundraising effort aims to secure $2 billion in new equity and an additional $1 billion through convertible bonds, as shared by sources familiar with the initiative. This strategy resembles that of another firm, Strategy,