#TRUMP โs Bold Crypto Dream: Is the U.S. Becoming the Worldโs ๐ Crypto Capital?
Former U.S. President Donald Trump is charging ahead with his ambitious goal to turn the United States into the global hub of cryptocurrency ๐๐ฐ โ and now, big moves are underway.
๐ธ $3 Billion Crypto Push Incoming?
Trumpโs media company, TMTG (Trump Media & Technology Group) โ the force behind Truth Social โ is reportedly gearing up to raise a whopping $3 billion ๐ฆ:
$2B in fresh equity
$1B through convertible bonds
The capital is expected to fuel investments in Bitcoin and other digital assets. An official announcement is likely just before a major crypto investor summit this week. ๐
๐๏ธ Crypto in the White House?
Since returning to the presidency, Trump has:
Vowed to make the U.S. the "crypto capital of the world" ๐
Signed an executive order to build a strategic Bitcoin reserve and loosen crypto regulations โ๏ธ
Launched his own $TRUMP memecoin, even hosting a private gala for top investors ๐ฝ๏ธ๐ช
His pro-crypto stance has already had a market impact โ Bitcoin recently soared to an all-time high of $109,000 ๐๐
๐ Ethics Under the Spotlight
Critics have raised concerns about potential conflicts of interest, since Trump still holds a majority stake in TMTG, now managed by his son Donald Jr. Some ethics watchdogs call his actions โblatantly corrupt,โ especially after recent investment product launches tied to his political brand.
๐ค Who's Speaking at the Crypto Summit?
Expected speakers include:
Vice President JD Vance
Donald Trump Jr.
Eric Trump
Trump himself may attend, as he did last year while rallying crypto donors.
๐ฎ Whatโs Next?
TMTG is also eyeing crypto ETFs and broader financial services. While critics warn of blurred lines between business and politics, Trump and his team appear unbothered โ brushing off the concerns as partisan noise ๐ณ๏ธ๐งพ
Thankyou
Please follow me