Bitcoin ‘To the Moon’: Trump Media Seeks $3 Billion to Expand Crypto Bet

Quick overview

Trump Media & Technology Group (DJT.O), the social media company founded by U.S. President Donald Trump, is reportedly seeking to raise $3 billion to invest in cryptocurrencies such as Bitcoin.

According to the Financial Times, the company aims to secure $2 billion in new equity and an additional $1 billion through a convertible bond. The funds would be used to purchase a range of digital assets, the report states, citing six people familiar with the matter.

If completed, the move would mark a significant step in Trump Media’s—and by extension, Donald Trump’s—increasing alignment with the crypto industry, both in business and in politics. The final details of the fundraising plan, including its size and timing, remain subject to change.

At the time of writing, Trump Media shares were trading at $25.72, up 4% in the past 24 hours.

A Growing Crypto Push

The $3 billion fundraising effort comes as TMTG deepens its push into the digital asset space. President Trump and his family have also been forging closer ties with crypto investors and businesses, both in the U.S. and abroad.

In January, the company announced the launch of a fintech venture called Truth.fi, designed to give investors access to Bitcoin, energy-based investments, and other financial products. Two months later, TMTG struck a deal with trading platform Crypto.com to offer a suite of digital asset ETFs through Truth.fi.

The Trump family has also become increasingly involved in the crypto world. In recent months, they have released a series of collectible NFT trading cards, launched two meme coins—trading under the tickers TRUMP and MELANIA—and backed a decentralized finance project called World Liberty Financial.

Just last week, President Trump hosted a lavish fundraising dinner attended by over 200 major investors in his official meme coin, Trump. The event sparked widespread criticism from the public, media, and political figures across the U.S.

ABOUT THE AUTHOR See More

Ignacio Teson

Economist and Financial Analyst

Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.

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