Trump Media Gears Up for $3B Crypto Expansion
Big news from Trump Media: reports say the company is looking to raise $3 billion — with $2 billion coming from equity and $1 billion through bonds — to dive headfirst into Bitcoin and the broader crypto space. An official announcement might be coming soon, possibly at this week’s Bitcoin Conference in Las Vegas.
The Trump team appears to be going full throttle on crypto. From TRUMP-branded memecoins to launching a new USD1 stablecoin through the WLFI platform, and even exploring Bitcoin mining operations — the strategy is bold. There’s also chatter about a potential crypto ETF in the works.
Following a playbook similar to MicroStrategy’s, Trump Media & Technology Group ($TMTG) may be positioning itself as a future heavyweight in the Bitcoin ecosystem.
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