Trump Media Group is reportedly planning to raise a whopping $3 billion to buy crypto.<\/p>\n
According<\/a> to Financial Times, the raise will include $2 billion in fresh equity and $1 billion through convertible bonds.<\/p>\n The report cited six people familiar with the matter but there is no further information.<\/p>\n However, the firm may formally announce the raise during the upcoming Bitcoin 2025 conference in Las Vegas.<\/p>\n The move comes as more US-based companies are venturing into the field of digital assets.<\/p>\n Most notably, of course, Strategy just bought<\/a> another $427 million worth of BTC. With that, the firm now holds a whopping 580,000 BTC and sits on paper profits upwards of $23 billion.<\/p>\n The post Trump Media Group to Raise $3 Billion to Buy Crypto: Report<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Trump Media Group is reportedly planning to raise a whopping $3 billion to buy crypto. According to Financial Times, the raise will include $2 billion in fresh equity and $1 billion through convertible bonds. The report cited six people familiar with the matter but there is no further information. However, the firm may formally announce […]<\/p>\n","protected":false},"author":0,"featured_media":69253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/69252"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69252"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/69252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/69253"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}