Trump Media & Technology Group (TMTG), the company behind the Truth Social platform and closely tied to the Trump family, is preparing to raise up to $3 billion for investing in cryptocurrencies — primarily Bitcoin.
The move signals former President Donald Trump’s growing focus on making the United States a leader in the digital asset space.
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Funding Structure: $2 billion through stock issuance and $1 billion in convertible bonds.
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Main Target: Strategic accumulation of cryptocurrencies, following a model similar to MicroStrategy.
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Upcoming Event: Announcement expected ahead of a major crypto conference in Las Vegas featuring Trump family members and top blockchain leaders.
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Company Valuation: TMTG stock recently closed at $25.72, valuing the company near $6 billion.
This initiative reinforces Trump’s involvement in the crypto world, which already includes NFT collections, memecoins, and partnerships in the blockchain sector.
The establishment of a dedicated crypto investment fund is seen as both a diversification strategy and a statement of leadership in financial innovation.
