Trump-Linked Media Firm to Expand Crypto Holdings with $3 Billion Raise
Trump Media & Technology Group (TMTG) is reportedly gearing up for a significant investment in the cryptocurrency space, with plans to raise to $3 billion, according to sources cited by The Financial Times.
The initiative, which involves a mix of equity funding and convertible debt, is expected to be unveiled during the Bitcoin 2025 conference in Las Vegas.
The financing package includes $2 billion from equity issuance and an additional $1 billion via convertible bonds. The capital raise is expected to be executed through a secondary offering, enabling TMTG to sell shares at prevailing market rates.
At the time of the report, the company’s stock was valued at $25.70 per share, placing its market capitalisation near $6 billion.
Brokerage firms such as Clear Street and BTIG are reportedly involved in arranging the deal. TMTG has yet to confirm the plan publicly, nor has it denied the circulating reports.
This potential move builds on TMTG’s existing interests in the digital asset ecosystem. The company already has exposure to non-fungible tokens (NFTs), meme coins, and stakes in firms like American Bitcoin and World Liberty Financial. Additionally, it has partnered with Crypto.com to roll out a crypto-focused ETF, reportedly called “Truth.Fi.”
The new $3 billion investment would further solidify the Trump family’s growing influence in the crypto landscape. Donald Trump Jr., who holds decision-making authority through a revocable trust owning 53% of TMTG shares, can greenlight major financial strategies without requiring board consensus.