Trump Media & Technology Group's $2.5 billion capital raise, announced on May 27, 2025, came just one day after a Financial Times report stating the company planned to raise $3 billion to invest in Bitcoin and other cryptocurrencies
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May 27, 2025
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Tuesday's announcement follows weekend reports that Trump Media & Technology Group planned to raise $3 billion to invest in Bitcoin and other cryptocurrencies. Trump Media denied the story, reportedly stating that "the Financial Times has dumb writers."
The story was initially reported on Monday by the Financial Times.
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05/27/2025
Week 22 of 2025
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Crypto news
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