Trump Meme Coin Issuer Seeks $200M for Treasury Company to Support Token
The issuer of Donald Trump’s meme coin is working to raise at least $200m for a digital-asset treasury company that would buy up the struggling token, Bloomberg reported Wednesday.
Bill Zanker, a longtime Trump associate and promoter, is leading the effort through Fight Fight Fight LLC. Funding ambitions could reportedly climb to as much as $1b, although the effort remains ongoing and may not ultimately be completed.
Zanker’s latest attempt to shore up the Trump coin comes after its steep drop from $44 in January to about $8 today.
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Plans for the digital-asset treasury, or DAT, follow a wave of similar vehicles launched this year. PitchBook data shows more than 80 companies have entered the space in 2025, many of which saw valuations slip after an early burst of excitement.