Briefly
- Trump Media plans to raise three billion dollars to buy a crypto currency, the Financial Times reported on Monday, citing sources familiar with the issue.
- The company aims to bring $ 1 billion through convertible bonds and $ 2 billion in fresh capital.
- The Trump Family Company has made several ranks in the crypto industry in the last few months.
Trump Media & Technology Group plans to raise $ 3 billion to buy various digital assets, Financial Times reported today, citing six people to get acquainted with this question.
If the agreement comes to the fruit, it would be another sign of the company – and its owners ” – the transfer of threat to the cryptocurrency industry.
The Truth Social owner aims to install two billion dollars in fresh capital and $ 1 billion through convertible bond sales, Ft reported on Monday. Final details of planned raises, including their size and time, are subject to changes, according to Ft.
TMTG did not immediately respond to Decipherptic Request for comment.
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