Trump Media Group is eyeing a $3 billion raise with plans to spend the money on fresh investments within the cryptocurrency ecosystem, the Financial Times reported on May 26 2025.
Citing sources familiar with the matter, the report says TMTG plans to raise $2 billion through fresh equity and another $1 billion via a convertible bond. Proceeds from the raise are expected to fund new crypto investments, including allocations to Bitcoin (BTC).
Sources have told Financial Times that an announcement to this effect could come as soon as this week, with a likely venue of the blockbuster news set to be Las Vegas at the Bitcoin Conference. Notably, the event has lined up U.S. vice president JD Vance, White House crypto tsar David Sacks and Trump’s sons Eric and Donald Jr. as top speakers.
While TMTG has reportedly downplayed the FT report, the rumored move highlights the Trump family’s growing presence in the crypto space.
During his campaign and in comments following the election, president Donald Trump has repeatedly reiterated his support for crypto and the quest to make America the “crypto capital of the world”. Trump held a private dinner for top holders of the Official Trump (TRUMP) memecoin last week. The group included Tron (TRX) founder Justin Sun.
As well as the TRUMP memecoin, Trump family’s footprint in crypto includes a stake in BTC mining firm American Bitcoin and the decentralized finance project World Liberty Financial. WLF recently unveiled its stablecoin USD1.
On the other hand, TMTG recently revealed its plans for crypto exchange-traded fund, a move that echoes the spot ETFs frenzy engulfing the market.
If realized, Trump Media’s $3 billion raise would align with a growing trend among publicly traded companies using debt and equity offerings to build Bitcoin treasuries. The most prominent example is Strategy (formerly MicroStrategy), led by Michael Saylor.
With its latest BTC purchase, Strategy has amassed a staggering $40.6 billion in Bitcoin, totaling 580,250 BTC. According to reports, TMTG is closely studying this model, with an eye toward adopting a similar BTC-focused treasury strategy.
