US EditionTrump Media Denies $3B Crypto Fundraise Claims Amid FT Report Scrutiny
- Trump Media and Technology Group, owner of Truth Social, denied plans to raise $3 billion for Bitcoin and cryptocurrency investments as reported on May 26, 2025.
- The denial came after the Financial Times reported, based on six anonymous sources, that the fundraising effort would total $3 billion, comprising $2 billion raised through equity offerings and an additional $1 billion via convertible bond issuance, primarily aimed at purchasing cryptocurrencies.
- Trump Media criticized the Financial Times report, calling its sources 'dumb' and disputing the assertion that the equity would be sold at May 23's market price of $25.72 per share.
- Shares in Trump Media rose 4.6% on May 23, closing at $25.72 with a market value near $6 billion, amid speculation of crypto-linked strategies including potential ETFs and digital asset launches.
- The denials suggest Trump Media has no active crypto fundraising, but the company continues exploring crypto products and mergers, aligning with broader trends in public firms increasing digital asset exposure.
12 Articles
12 Articles
Trump Media Disputes FT Report It Is Raising $3B for Crypto Buys
Trump Media & Technology Group, the Trump family-controlled company behind Truth Social, has rubbished a report by the Financial Times that the firm is planning to raise $3 billion through a combination of equity and convertible bonds to purchase crypto assets such as Bitcoin. “Apparently the Financial Times has dumb writers listening to even dumber sources,” Trump Media & Technology said in response to the report. The FT report aligns with Trum…
Trump Media denies $3B crypto fundraise claims amid FT report scrutiny
Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, has denied claims that it plans to raise $3 billion through a combination of equity and convertible bonds to invest in Bitcoin and other cryptocurrencies, according to Cointelegraph. The Financial Times reported on May 26, citing six sources, that Trump Media intended to issue $2 billion in equity and $1 billion in convertible bonds, though th…
Trump Media Shoots on the Stock Market in the Face of Rumors that He Will Invest $3 Billion in Cryptocurrencies
The shares of Trump Media & Technology Group are skyrocketing above 11% in the pre-opening of the US Stock Exchange, a rise driven by the publication of an alleged $3 billion collection plan for cryptocurrency investment that the media company has denied. Specifically, the firm has reported that the information published by the Financial Times, in which up to six sources are cited, is false. "The Financial Times apparently has silly writers who …
Trump Media reportedly planned $3Bn fundraise to invest in crypto, group denies - The Tech Portal
Trump Media & Technology Group (TMTG) – the company behind the Truth Social platform – has reportedly planned to raise $3 billion to invest in cryptocurrencies, including Bitcoin. According to a report by Financial Times, the proposed fundraising strategy includes $2 billion in new equity and $1 billion through a convertible bond. The group however, has denied the said report and related rumours. The fundraising announcement is anticipated befor…
Next Crypto to 1,000x as Strategy Buys More Bitcoin; Is Trump Media Raising $3B for Crypto?
Strategy did what Strategy does best – buy more Bitcoin. This, as rumors swirl that Trump Media is raising some $3B to buy more crypto, though the company later denied these. The initial rumors emerged from Trump’s hotly debated crypto dinner, where not everyone was pleased. As Trump continues to raise eyebrows and Saylor pushes Bitcoin, here’s our prediction for the next 1000x cryptos. Strategy Pushes On, Despite Lawsuit Michael Saylor’s strate…
Trump Media Firm Denies $3 Billion Crypto Fundraising Plan Amid Reports of Equity and Bond Strategy
Trump Media says it is not raising $3 billion for crypto and denies all claims made in a recent report. The company behind Truth Social rejects plans to fund crypto purchases through equity and convertible bonds. The Financial Times report linked Trump Media to digital assets but the company says no such strategy exists. Trump Media and Technology Group (TMTG), the company behind Truth Social, has denied reports of a $3 billion crypto fundraisin…
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