Overview

• Trump Media & Technology Group is preparing to raise $3 billion for cryptocurrency investments, including Bitcoin, according to multiple reports.
• The capital raise will consist of $2 billion in fresh equity and $1 billion through a convertible bond offering, though details are subject to change.
• An announcement of the funding effort is anticipated before the Bitcoin2025 event, where key Trump allies, including Vice President JD Vance and Donald Trump Jr., are scheduled to speak.
• The initiative highlights the Trump family's deepening engagement in the cryptocurrency industry, raising concerns about potential conflicts of interest given President Trump's cryptocurrency policies.
• Trump Media has dismissed coverage of the plans as 'fake news,' while the White House and company representatives have not provided further comments.