Trump Media To Raise $3 Billion For Crypto Assets

Benzinga

Trump Media and Technology Group plans to raise $3 billion through a mix of equity and convertible bonds to purchase crypto assets, according to the Financial Times. The announcement may come at this week's Bitcoin 2025 event in Las Vegas. The move aligns DJT with a trend among public companies adding bitcoin to their balance sheets, inspired by Strategy Inc.'s model under Michael Saylor, according to CoinDesk. Earlier this year, Trump Media revealed plans to launch a financial services arm centered on crypto and custom ETFs, including a potential partnership with Crypto.com.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Trump Media and Technology Group plans to raise $3 billion through a mix of equity and convertible

00:07bonds to purchase crypto assets, according to the Financial Times. The announcement may come

00:11at this week's Bitcoin 2025 event in Las Vegas. We've aligned DGT with a trend among public

00:17companies adding Bitcoin to their balance sheets, inspired by Strategy Incorporated's model under

00:21Michael Saylor, according to Coindesk. Earlier this year, Trump Media revealed plans to launch

00:25a financial services arm centered on crypto and custom ETFs, putting a potential partnership

00:30with Crypto.com. For all things money, visit Benzinga.com slash GSTV.

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