Trump Media To Allegedly Raise $3 Billion for Bitcoin & Crypto Purchases

Trump Media plans $3B crypto push via equity and bonds, signaling deeper digital asset involvement before major Vegas event.
By Kelvin Munene Murithi
Updated May 27, 2025
Trump Media Secures $100M Investment From DRW to Fund Its $2.5 Billion Bitcoin Bet

Highlights

  • Trump Media plans to raise $3B via equity and bonds to buy Bitcoin and other crypto assets.
  • TMTG is partnering with Crypto.com to launch a crypto ETF backed by managed digital assets.
  • Lawmakers propose banning sitting U.S. presidents from crypto trading amid TMTG’s $3B crypto push.

Trump Media and Technology Group (TMTG), the company behind Truth Social, is planning to raise $3 billion to buy cryptocurrencies. This fundraising move signals a deeper push into digital assets by a firm controlled by the Trump family, who are closely tied to the current U.S. presidential administration.

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Trump Media $3B for Bitcoin and Crypto Investment

According to six individuals familiar with the matter, TMTG plans to raise $2 billion through new equity and another $1 billion via a convertible bond. The timing of the announcement may coincide with a major crypto event in Las Vegas this week. Donald Trump Jr, Eric Trump, Vice-President JD Vance, and Trump’s crypto advisor David Sachs are expected to attend the conference.

The company’s funding strategy resembles the one used by MicroStrategy, which has become a major corporate holder of Bitcoin.

MicroStrategy raised funds through equity and debt offerings and invested the proceeds into digital assets. TMTG’s stock closed last Friday at $25.72, giving it a market capitalization close to $6 billion. The capital raise is expected to occur on “at-the-market” terms, meaning shares will be sold at or near their current trading price.

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Growing Crypto Ties and New Investment Vehicles

TMTG’s move follows recent activity from Trump-linked businesses that support digital assets. The company has been involved with memecoins, NFT trading cards, crypto mining, and now a new exchange-traded fund (ETF) focused on cryptocurrency. Last week, Donald Trump hosted a private event at his Washington-area resort, where investors in his TRUMP-themed memecoin were invited to attend.

TMTG is also working with Crypto.com to launch its crypto ETF. The exchange will assist with managing digital assets and related securities within the fund. Two firms, ClearStreet and BTIG, are expected to help underwrite the upcoming capital raise, according to two sources briefed on the deal.

A similar deal was recently announced by a blank cheque company led by Brandon Lutnick. That $3.6 billion venture aims to build a Bitcoin buying entity in collaboration with Tether and SoftBank.

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Conflict Concerns and Legal Scrutiny of Donald Trump

The fundraising efforts have raised fresh concerns about ethics and legality. Some critics argue that close financial involvement in cryptocurrency could present conflicts of interest, given Trump’s position as U.S. president. A recent event hosted by Trump led to controversy when he reportedly wore the presidential seal during a private crypto dinner. The White House stated it was a personal event. However, wearing the seal at a non-official event could breach federal law, which carries a penalty of up to six months in jail.

Congresswoman Maxine Waters introduced a new bill titled the “Stop TRUMP in Crypto Act.” The proposed legislation aims to bar U.S. officials, including the president, from trading or promoting cryptocurrencies while in office.

Movement Labs, which is linked to World Liberty Financial, another Trump-connected firm, is also under scrutiny. Allegations have surfaced regarding unfair deals with early investors

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Kelvin Munene Murithi
Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.
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