Trump’s company has a shocking new plan to raise $3 billion
From Yahoo Finance: 2025-05-26 15:42:00
Trump Media plans a $3B crypto investment, with $2B equity and $1B convertible bonds. Trump family involved in NFTs, memecoins, mining, and a crypto ETF. Trump transferred 53% TMTG stake to Donald Trump Jr. SPAC led by Howard Lutnick’s son acquires Bitcoin investment firm. Ripple acquires Hidden Road for $1.25B.
Trump Media stock rises after news of crypto investment. Trump administration aims to make US the “crypto capital.” Critics concerned about Trump’s ties to cryptocurrencies and profits from digital assets. Financial Times predicts more crypto deals under new administration. Trump accused of unethical behavior in crypto space.
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