Trump Media Group is looking to raise $3 billion specificall | Rizwan Kazmi on Binance Square

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Trump Media Group is looking to raise $3 billion specifically to invest in cryptocurrencies.

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Patience of Altcoin holders is phenomenal. 😂

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📈 BlackRock continues to build up its position in the cryptocurrency, accumulating more than 2.1 million shares of its bitcoin ETF worth about $99.4 million as of March 31, 2025. 🌟 This growth was made possible by a significant increase in demand for bitcoin ETFs, resulting in net inflows of over $1.5 billion in just two days. Taking into account the fact that the BlackRock ETF has become the largest in its category, we see a bright trend among asset managers to diversify into bitcoin, as traditional investment paths are being re-examined.

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Trump Media Raises $2.5B to Build Bitcoin Treasury 🪙 Trump Media plans to raise $2.5 billion from institutional investors to build a Bitcoin treasury, aiming to support financial independence and hedge against discrimination. The funding includes $1.5B in stock sales and $1B in convertible debt. Despite the news, TMTG shares fell 10%, and critics raise ethical concerns over the move.

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Digital asset funds saw $3.3B in net inflows last week, pushing 2025 YTD inflows to a record $10.8B. Bitcoin led with $2.9B, Ethereum followed with $326M, while XRP broke its 80-week inflow streak with a $37.2M outflow.

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