Trump Media Wants To Raise 3 Billion To Invest In Bitcoin

Donald Trump asserts himself on all fronts of the digital industry: NFTs, metaverse, stablecoins, memecoins… Today, he reaches a new milestone with a colossal Bitcoin investment project. Trump Media & Technology Group is preparing a $3 billion fundraising round, confirming its ambition in this rapidly expanding sector. In the face of this strategy, the worlds of finance and politics are watching its rollout closely. What does this new step mean for Trump and the crypto sphere?

Trump Bets Big on Bitcoin: Record Fundraising and Financial Ambitions

Trump Media wants to raise $3 billion through $2 billion in equity and $1 billion in convertible bonds. This amount will primarily be used to buy bitcoin and other digital assets. The company’s valuation is estimated at $5.7 billion with a stock price around $25.72.

This move follows the trend of institutional players adopting digital assets as a hedge against inflation.

This plan aims to achieve several objectives:

• Secure the company against economic fluctuations;
• Expand its activities into financial services;
• Strengthen its position in the digital market.

A tweet from Bitcoin For Corporations highlights:

The Trump family is accelerating its commitment to bitcoin as institutional interest grows.

This fundraising illustrates the desire to anchor Trump sustainably in this universe.

Political and Regulatory Stakes Around Trump’s Crypto Plan

Trump’s plan is provoking strong political reactions. Several elected officials are already trying to curb his growing influence in the digital space. Despite a bill aiming to forbid him from going further in the crypto industry, Trump advances with determination. The support of his close allies, such as Donald Jr., Eric Trump, and JD Vance, strengthens his strategy.

Controversy is mounting over his memecoins, NFTs, and stablecoins, accused of conflicts of interest. Regulation is tightening, with increasing demands for transparency and investor protection.

Key figures to remember:

• Trump Media targets a $3 billion fundraising to invest in bitcoin and other digital assets;
• The current company valuation is estimated at $5.7 billion;
• The planned stock price is around $25.72;
• Several members of the Trump family and political allies will participate in an upcoming crypto summit.

Trump finds himself at the heart of a battle between innovation and political control.

Moreover, his crypto dinner turned into a nightmare, with boos and anger. Despite this fiasco, Trump persists with his massive Bitcoin investment plan. The stakes are high: succeeding in imposing his strategy in a sector under increased political and regulatory scrutiny. Will his determination be enough to overcome the obstacles?