In a bold move that signals its deeper dive into the crypto market, Trump Media & Technology Group (TMTG) is reportedly planning to raise $3 billion — with the intent to invest directly in Bitcoin and other cryptocurrencies.
According to the Financial Times, which cited six insiders familiar with the plan, TMTG is looking to bring in $2 billion in new equity and $1 billion via convertible bonds.
What’s Driving the $3 Billion Raise?
This massive funding round is part of Trump Media’s aggressive crypto strategy, which has accelerated in recent months. If successful, the raise could position the Trump-backed media firm as one of the most significant corporate buyers of crypto assets in the U.S.
While the final terms and timing are still being ironed out, insiders suggest that this move reflects the Trump family’s increasing comfort — and ambition — in the digital asset space.
Trump Media Stock Reacts
Following the news, TMTG stock jumped to $25.72, climbing 4% in the past 24 hours. Investors appear to be reacting positively to the potential for growth in the crypto space — particularly with Bitcoin recently regaining momentum amid broader institutional interest.
Trump’s Expanding Crypto Empire
This isn’t the Trump camp’s first foray into crypto. In fact, they’ve been on a digital asset spree:
- In January, TMTG unveiled Truth.fi, a fintech spin-off that aims to offer access to Bitcoin, energy-backed assets, and other alternative investments.
- In March, TMTG partnered with Crypto.com to develop several digital asset-based ETFs through Truth.fi.
- NFTs and meme coins have also entered the picture: the family launched trading cards and two tokens named TRUMP and MELANIA.
- They’ve even backed a DeFi project called World Liberty Financial.
A Crypto Dinner to Remember — or Forget?
Last week, former President Donald Trump hosted a high-profile dinner for over 200 top investors in his official meme coin project. The lavish event stirred significant controversy, drawing backlash from political rivals and media outlets alike — but it also showed just how seriously the Trump camp is treating its crypto ambitions.
What It All Means
Trump Media’s $3 billion raise — if completed — could have a ripple effect across the crypto industry. It would:
- Further legitimize corporate crypto investment
- Strengthen Trump’s influence in the Web3 and digital asset space
- Spark both political and financial debate over the fusion of politics, media, and cryptocurrency
Whether you love or hate the idea, one thing is clear: crypto is becoming a core pillar of Trump Media’s future — and potentially, Trump’s political comeback strategy.