Trump Media Plans $3 Billion Investment in Crypto
📰💰 Politics meets crypto!
Trump Media & Technology Group, a media company linked to former U.S. President Donald Trump, announced plans to enter the crypto space in a major way. As of May 26, 2025, the company aims to raise $3 billion—$2 billion in equity and another $1 billion via convertible bonds.
📊 What for?
The funds are intended for purchasing cryptocurrencies—especially Bitcoin—and for building a blockchain ecosystem aimed at a conservative audience. There’s even talk of creating a "right-wing Web3 world."
📈 Market reaction:
Bitcoin jumped 1.5% immediately, marking its biggest single-day rise in four days. Further bullish movement is expected if the funding details are confirmed.