Trump Media's Crypto Ambitions: $3B Raise or "Pure Fiction"?

It was recently reported that Trump Media & Technology Group (TMTG) had plans to raise $3 billion to invest in cryptocurrencies, including Bitcoin and a crypto ETF. It was anticipated that TMTG would raise the funds through a combination of equity and issuance of convertible bonds, in line with companies like Strategy's efforts to accumulate Bitcoin as part of their corporate treasury strategy. At the Bitcoin 2025 conference in Las Vegas, it was expected that the announcement would be made at the same time as speeches by senior Trump family members and advisors.

However, Trump Media officially rejected these reports, calling them "fictitious" and attacking the Financial Times for being based on false information. It was reported by the company that there were no plans for funding or crypto investments announced or filed. The denial creates uncertainty, as the rumored $3 billion increase would be a significant move, approaching the company's market capitalization, and potentially drawing regulatory and political scrutiny due to President Trump'd pro-crypto rhetoric.

While this is denied, the Trump family's extensive participation and involvement in the crypto space, including Bitcoin mining, DeFi projects, and potential crypto ETFs and stablecoins, indicates a strong desire for digital assets. The rumored $3 billion increase would be a significant Bitcoin investment by Trump Media, as it would align with the practice of companies using financial instruments to create Bitcoin treasuries. Additionally,