Trump Media Group plans to raise $3 billion for cryptocurrency investments

ChainCatcher news, according to the Financial Times, the Trump Media Group plans to raise $3 billion for cryptocurrency investments.

The company intends to complete the financing by issuing $2 billion in stock and $1 billion in convertible bonds. Sources say the related plan is expected to be announced this week before the Bitcoin 2025 conference, and the company's Truth Social app is also seen as part of its cryptocurrency strategy.