Trump Media Reportedly Plans to Raise $3bn for Crypto, Signals Retreat from Floundering Media Venture

Trump Media & Technology Group (TMTG), the company behind Truth Social, is reportedly planning to raise a staggering $3 billion for cryptocurrency investments, with a particular focus on bitcoin. The move, which includes $2 billion in fresh equity and another $1 billion through a convertible bond, comes at a time when the company is grappling [...]The post Trump Media Reportedly Plans to Raise $3bn for Crypto, Signals Retreat from Floundering Media Venture appeared first on Tekedia.

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