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Trump Media and Technology Group denied a Falish Times report that it plans to raise $ 3 billion to buy bitcoin and other encryption, which led to her “Book of the Ghobis who listen to the sources of doors.”
This is after the newspaper I mentioned On May 26, the company was looking to raise the capital through a mixture of convertible bonds, referring to six people who were briefed on the port.
FT said that Trump’s media to raise $ 2 billion of shares, $ 1 billion in convertible bonds
According to the report, Trump The media was planning to issue $ 2 billion of shares and $ 1 billion of convertible bonds for a total of $ 3 billion.
The shares were expected to be sold at the market price at the price of closing the Trump media shares (DJT) on May 23. During the trading session, the company’s shares jumped more Data.
If Trump lifted the media and bought Bitcoin and Crypto, as the Financial Times report said, the company had joined the increasing number of public companies that added BTC to its reserves. Currently, the strategy leads the road with its 576,230 BTC shares, according to Bitcointreasuries.
Trump’s encryption post is checked
If Trump had already bought Bitcoin, it would have led to further scrutiny over a family involved in US President Donald Trump in encryption.
This is after Trump hosted himself a dinner for the VIP for the best 220 holders of Trump Mimi. Senator Elizabeth Warren Call “The orgy of corruption”.
I am honored to be at Trump dinner, encryption with Gettrumpmemes
It will be a great night! pic.twitter.com/h4fbzbtxkf
Jack (@0xleoinrio) May 22, 2025
Many legislators also raised concerns about the conflict of potential interests regarding Trump encryption projects, saying they could benefit from his ability to influence the organization of encryption.
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