Trump Media and Technology Group plans to raise $3 billion through a mix of equity and convertible bonds to purchase crypto assets, according to the Financial Times. The announcement may come at this week's Bitcoin 2025 event in Las Vegas. The move aligns DJT with a trend among public companies adding bitcoin to their balance sheets, inspired by Strategy Inc.'s model under Michael Saylor, according to CoinDesk. Earlier this year, Trump Media revealed plans to launch a financial services arm centered on crypto and custom ETFs, including a potential partnership with Crypto.com.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Trump Media and Technology Group plans to raise $3 billion through a mix of equity and convertible
00:07bonds to purchase crypto assets, according to the Financial Times. The announcement may come
00:11at this week's Bitcoin 2025 event in Las Vegas. We've aligned DGT with a trend among public
00:17companies adding Bitcoin to their balance sheets, inspired by Strategy Incorporated's model under
00:21Michael Saylor, according to Coindesk. Earlier this year, Trump Media revealed plans to launch
00:25a financial services arm centered on crypto and custom ETFs, putting a potential partnership
00:30with Crypto.com. For all things money, visit Benzinga.com slash GSTV.