Reported 1 day ago
Trump Media & Technology Group, founded by former President Donald Trump, is reportedly seeking to raise $3 billion to invest in cryptocurrencies, including Bitcoin. The company aims to secure $2 billion in equity and $1 billion through convertible bonds, with potential changes to the capital raising plans. The firm has been exploring opportunities in financial services, including launching retail investment products tied to cryptocurrencies. The announcement may coincide with a significant crypto investors meeting where Trump’s son and Vice President JD Vance are expected to speak.
Source: YAHOO