<ul><li>Trump Media and Technology Group (TMTG) is aiming to raise $3 billion to invest in cryptocurrencies, particularly Bitcoin.</li><li>The capital raise includes $2 billion in fresh equity and $1 billion through a convertible bond offering, with plans to announce it before The Bitcoin 2025 Conference in Las Vegas.</li><li>TMTG's move aligns with the growing cryptocurrency market, triggered by Bitcoin's new record of $111,999 and increased investor interest in crypto-related ventures.</li><li>The company's recent endeavors in the crypto space include NFT trading cards, memecoins, investments in crypto companies, and plans for a crypto ETF, following Trump transferring his stake in TMTG to a trust controlled by Donald Trump Jr.</li></ul>

Trump Media Group Seeks $3 Billion War Chest to Buy Bitcoin and Crypto Assets: FT

Discover more