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Bitcoin

Trump Media Group to raise $ 3 billion to purchase encryption: Report

According to the Trump group, the media group plans to raise $ 3 billion to purchase encryption.

According to To Financial Times, the increase will include two billion dollars in fresh stocks and $ 1 billion through convertible bonds.

The report cited six people familiar with this issue, but there is no other information.

However, the company may officially announce the increase during the upcoming Bitcoin 2025 conference in Las Vegas.

This step comes as more US -based companies are wandering in digital assets.

The most prominent, of course, has just bought another $ 427 million strategy from BTC. However, the company now owns 580,000 BTC and sits on paper profits of more than $ 23 billion.

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