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Trump Media to Inject $3.85 Billion Into Bitcoin and Crypto, FT Reports

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Trump Media Bitcoin investment plans are making headlines as the company behind Truth Social seeks to raise an unprecedented $3.85 billion for cryptocurrency acquisitions. Trump Media & Technology Group is planning to secure $2 billion through fresh equity offerings and an additional $1 billion via convertible bonds. This massive crypto investment initiative represents one of the largest corporate commitments to digital assets and could significantly impact crypto market volatility as investors watch how altcoins and Bitcoin markets respond to this bold move. The announcement also comes at a time when crypto regulation discussions are intensifying and Trump Media’s Bitcoin strategy aligns with President Trump’s broader digital asset initiatives. Also Read: Florida Proposes 0% Capital Gains Tax on Bitcoin, XRP, and Stocks Trump’s $3.85B Crypto Bet: What It Means for Bitcoin and Investors Source: Watcher Guru Fundraising Structure and Timeline The way Trump Media plans ...

Trump Media Mulls Utility Token And Digital Wallet In Latest Crypto Push

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Donald Trump’s Trump Media and Technology Group is considering expanding its crypto ambitions by introducing a utility token and digital wallet. In an April 29 letter to shareholders, CEO Devin Nunes said the firm is exploring a Truth Social digital wallet where the token could be used for Truth+ subscriptions and other products within the Truth ecosystem. The token would also support a planned rewards program across the company’s services. Trump Media’s crypto push also includes the development of “America first”-themed financial products such as ETFs (exchange-traded funds) and separately managed accounts (SMAs), with custody provided by Charles Schwab. The company said in January that it would invest up to $250 million of its cash reserves in Bitcoin and other digital assets The shareholders’ letter comes after Trump Media hinted at launching its own crypto payments offering in November last year, when it filed a trademark application with the...