Trump News: Media DJT Stock Soars 5% Amid $3 Billion Crypto Investment Plan

Key Insights:

• Latest Trump news shows that their Media aims to raise $3 billion through equity and bonds to buy digital currencies.
• DJT stock jumped 5% after reports of a bold move into Bitcoin and crypto finance.
• Company plans to expand into crypto ETFs and partner with Crypto.com for future offerings.

Trump Media & Technology Group (DJT), the company behind the Truth Social platform, is preparing to raise $3 billion to invest in cryptocurrencies. According to reports, the company plans to secure $2 billion in equity and $1 billion in convertible bonds for the funding.

The plan for fundraising could be made known at the upcoming Bitcoin 2025 event in Las Vegas. Attending Wednesday’s dinner are Vice President JD Vance, Donald Trump Jr., Eric Trump and crypto adviser David Sachs. Raising money for the business comes after the company has begun investing in digital assets to expand into financial services.

DJT stock rose 5% following reports of the funding effort, closing at $25.72. This brought the company’s market value to 5.67 billion.

Trump News: New Strategy Targets Retail Finance and ETFs

Trump Media has also laid out plans to create financial products connected to cryptocurrencies. These investments include ETFs that represent the company’s political priorities. Last month, the company mentioned that it will partner with Crypto.com in developing and introducing several of these products.

This indicates that the main attention has shifted from what Tulsi used on social media and the internet to a new media strategy. The company hopes that getting into retail finance will increase its sources of income. Additionally, it engages in reviewing possible crypto and fintech acquisitions.

Several public corporations have recently chosen to capitalize on digital media. A number of businesses have added major holdings of Bitcoin to their portfolios for the future.

Investor Interest Rises, While Scrutiny Builds

Sources familiar with the process say the offering has grown in size due to rising interest from investors. The equity is expected to be sold on an at-the-market basis, meaning shares will be priced close to where they currently trade.

The scale of the plan has drawn attention from regulatory and ethics agencies. There are questions about the company’s role in the crypto sector while Donald Trump, its founder, continues to speak in support of digital assets as President.

In response to media coverage, Trump Media made strong statements against the Financial Times and Reuters, calling them unreliable. The White House has not responded to the reports.

Following a Well-Known Playbook

Trump Media’s plan to raise funds and buy Bitcoin is similar to the model used by Strategy, formerly known as MicroStrategy. The company bought around $62 billion of Bitcoin using sales from its stock and bonds. Its total market value is over $100 billion now.

With Bitcoin recently trading above $109,000, the timing of Trump Media’s plan has caught investor attention. Public companies have been jumping into cryptocurrencies this year, hoping to benefit from digital assets as an emerging type of asset.

Trump Media’s push into this space comes after a year of increased involvement in crypto-related projects by the Trump family. These include NFT collections, meme tokens, and investments in blockchain firms.

DJT Stock Gains on Trump News of Crypto Expansion

Following the reports, Trump Media’s stock moved higher, rising 5% in a single trading session. The rally followed a period of mixed performance for the stock, and the news of a planned crypto investment appeared to trigger new buying.

The company has not released a detailed schedule for the capital raise, and final terms are still being worked out. However, the attention ahead of the Las Vegas event suggests the announcement may be made soon.