Trump Media &
. plans to invest $3 billion in cryptocurrencies, according to sources close to the matter.

According to the report, TMTG aims to raise $1 billion through convertible bonds and $2 billion in new equity, which would mark one of the largest forays by a media company into the crypto ecosystem to date. However, the final details are still subject to adjustment.

Why is it important?

This move reinforces the growing link between the Trump family and the world of cryptocurrencies. In recent months, both the company and its founders have shown increasing interest in this sector, suggesting a long-term commitment.

Although TMTG indirectly denied the report with a sarcastic comment to the Financial Times —"Apparently, the FT has silly writers who listen to even sillier sources"—the company's recent behavior seems to point to a well-thought-out strategy.

Beyond Truth Social: The Leap to Decentralized Finance

In January, TMTG announced the launch of Truth.fi, a new fintech branch focused on facilitating investments in Bitcoin, energy assets, and decentralized financial products. Subsequently, in March, the company entered into a partnership with Crypto.com to offer exchange-traded funds (ETFs) based on digital assets.

For its part, the Trump family has also stepped up its presence in the sector: from issuing NFT cards to launching cryptocurrencies named TRUMP and MELANIA, as well as backing the DeFi project called World Liberty Financial.

Reactions and controversy

Recently, the former president hosted a private dinner with more than 200 investors in his meme coin cryptocurrency, an event that drew strong criticism from the media and political figures. Despite this, Trump Media's share price rose 4% in the last 24 hours, trading at $25.72 at the time of publication.