#TrumpMediaBitcoinTreasury Trump's media group plans to raise 3 billion dollars for investment in cryptocurrencies. An announcement regarding the capital raising by Trump Media & Technology Group may be made ahead of a major meeting of crypto investors and supporters in Las Vegas this week. Trump Media & Technology Group, which is behind the Truth Social app and controlled by the president's family, aims to raise 2 billion dollars in fresh capital and another 1 billion dollars through convertible bonds, according to six people familiar with the matter. The terms, timelines, and size of TMTG's capital raising may still change. Two people familiar with the plans told the Financial Times that the size of the offering has been increased in recent weeks due to high demand.

TMTG stated that "obviously, the Financial Times has foolish authors who listen to even more foolish sources," but did not provide further comments. A White House spokesperson declined to comment.