In a groundbreaking development that signals growing institutional interest in cryptocurrencies, Trump Media and Technology Group (TMTG) is reportedly preparing to raise $3 billion for major Bitcoin and crypto investments, according to the Financial Times. This move comes as Bitcoin recently broke through $111,000 to reach new all-time highs.
TMTG’s Strategic Crypto Investment Plan
The media venture, which operates Truth Social, aims to secure funding through:
- $2 billion in fresh equity financing
- $1 billion via convertible bond offering
- Shares priced near $25.72, valuing TMTG at approximately $6 billion
This strategic move aligns with Trump’s broader crypto strategy that could potentially add trillions to the Treasury market through stablecoins.
Market Impact and Institutional Adoption
The timing of TMTG’s potential investment coincides with significant market developments:
- Bitcoin reaching $111,999 last week
- Increased institutional interest in crypto assets
- Similar strategy to other major players like Strategy (MSTR)
SPONSORED
Trade Bitcoin with up to 100x leverage and maximize your profit potential
TMTG’s Expanding Crypto Portfolio
The company has already established a significant presence in the crypto space through:
- NFT trading card series
- Two memecoins
- Investments in crypto mining operations
- Stablecoin platform partnerships
- Upcoming crypto ETF
Ownership Structure and Management
Following Trump’s return to the White House, the company’s ownership structure has evolved:
- 53% stake transferred to a revocable trust
- Donald Trump Jr. maintains full investment and voting authority
- Current valuation approximately $6 billion
Frequently Asked Questions
What is the total amount TMTG plans to invest in crypto?
TMTG is seeking to raise $3 billion total, with $2 billion from equity and $1 billion through convertible bonds.
How does this compare to other institutional Bitcoin investments?
This would represent one of the largest single institutional investments in Bitcoin, comparable to Strategy’s holdings.
When might the investment be announced?
The announcement could come during The Bitcoin 2025 Conference in Las Vegas this week.
This is a developing story that will be updated as new information becomes available.