{"id":28751,"date":"2025-05-27T10:16:40","date_gmt":"2025-05-27T10:16:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28751"},"modified":"2025-05-27T10:16:40","modified_gmt":"2025-05-27T10:16:40","slug":"donald-trumps-firm-sets-ambitious-3-billion-fund-to-buy-bitcoin-and-other-cryptos","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28751","title":{"rendered":"Donald Trump\u2019s Firm Sets Ambitious $3 Billion Fund To Buy Bitcoin And Other Cryptos"},"content":{"rendered":"
\n

Trump Media & Technology Group, the company behind the social media platform Truth Social, is reportedly planning to raise around $3 billion to invest in cryptocurrencies, including Bitcoin (BTC).\u00a0<\/p>\n

This move, highlighted in a recent Financial Times report, aims to secure $2 billion in fresh equity and an additional $1 billion through a convertible bond<\/a>. However, the details surrounding this capital raise, including its timing and size, may still be subject to change.<\/p>\n

Trump Media Dismisses Reports As \u2018Fake News\u2019<\/h2>\n

In response to inquiries regarding the report, the President\u2019s media company dismissed <\/a>both Reuters and the Financial Times as \u201cfake news\u201d outlets, while the White House has not yet commented on the matter.\u00a0<\/p>\n

The company has been actively exploring potential mergers and acquisitions to diversify its offerings into financial services, signaling a strategic shift beyond its original social media focus.<\/p>\n

Last month, Trump Media reached a binding agreement to launch various retail investment products, aligning with Trump\u2019s America First policies.\u00a0<\/p>\n

These products are expected to include cryptocurrency investments<\/a> and exchange-traded funds (ETFs), although the initiative has drawn scrutiny from government ethics and regulatory authorities.<\/p>\n

The anticipated capital raise, yet to be publicly confirmed by the President\u2019s working group, is set to coincide with a major meeting for cryptocurrency investors and advocates this week, where figures such as Vice President JD Vance and Trump\u2019s sons, Donald Jr. and Eric, are expected to speak.\u00a0<\/p>\n

Critics Slam The President\u2019s Cryptocurrency Dinner\u00a0<\/h2>\n

This meeting follows an exclusive dinner <\/a>hosted by President Trump for top investors in his cryptocurrency memecoin, TRUMP, held at his golf club outside Washington, D.C.\u00a0<\/p>\n

This event attracted approximately 220 of the largest purchasers of the TRUMP memecoin, which was launched just days before Trump\u2019s inauguration.\u00a0<\/p>\n

Critics have labeled the dinner as a glaring example of corruption and conflict of interest, with protesters gathering outside the venue holding signs that read \u201cstop crypto corruption\u201d and \u201cno kings.\u201d<\/p>\n

Democratic Senator Elizabeth Warren and other opponents condemned the dinner during a press conference, branding it an \u201corgy of corruption.\u201d\u00a0<\/p>\n

The ethical implications of Trump\u2019s ventures into the cryptocurrency space have raised significant concerns among critics, particularly regarding the intersection of politics and personal profit.<\/p>\n

Beyond his personal investments, Trump\u2019s family is also heavily involved in the cryptocurrency sector<\/a>. Donald Jr. and Eric Trump have been engaged in various ventures, including American Bitcoin, a new Bitcoin mining company in collaboration with Hut 8.\u00a0<\/p>\n

\"Trump\"<\/p>\n

At the time of writing, the market\u2019s leading cryptocurrency, Bitcoin, trades just above the $109,400 mark, registering a notable 15% surge in the monthly time frame.\u00a0<\/p>\n

The President\u2019s official memecoin, on the other hand, records a 19% drop toward $12.71 in the same period, as the exclusive dinner party failed to boost the token\u2019s price.\u00a0<\/p>\n

Featured image from CNBC, chart from TradingView.com\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Trump Media & Technology Group, the company behind the social media platform Truth Social, is reportedly planning to raise around $3 billion to invest in cryptocurrencies, including Bitcoin (BTC).\u00a0 This move, highlighted in a recent Financial Times report, aims to secure $2 billion in fresh equity and an additional $1 billion through a convertible bond. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28751","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28751"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28751\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}