Trump's social media company plans $3 billion in crypto investments

Trump's media company is trying to raise $3 billion to invest in cryptocurrencies.

Trump Media & Technology Group, the social media company of US President Donald Trump, is planning to raise around $3 billion to invest in cryptocurrencies, particularly assets like Bitcoin.

Trump Media is aiming to issue $2 billion in new stock and raise additional capital through $1 billion in convertible notes, according to the Financial Times.#TrumpTariffs $USTC