The Trump family company would follow a Michael Saylor style strategy with Strategy.
Trump Media, in addition, is in plans to launch an ETF that combines cryptocurrencies and actions.
The Trump Media & Technology Group company, linked to the family of the president of the United States, Donald Trump, and is behind the Truth Social application, aims to raise 2,000 million dollars in new capital and another 1 billion dollars through a convertible bonus, according to six people informed about the matter, according to the Financial Times newspaper. This money would be used to invest in cryptocurrencies.
Although there are still no official ads, Financial Times ensures that The novelties could be announced this week during the Bitcoin 2025 conference That will be held this week in Las Vegas, United States.
In this meeting, the vice president of the country will participate, JD Vance; the children of Donald Trump, Donald Jr. and Eric; and “the tsar” of cryptocurrencies, David Sachs.
It is important to clarify that, according to the same newspaper, a company spokesman He told them: “Apparently, the Financial Times has naive writers who listen to even more naive sources.” But this does not necessarily imply a rejection of the information presented.
Of being true the information, Trump Media would be following a strategy similar to that of the Strategy companyled by Michael Saylor. We will have to wait to know if the Trump company focuses only on Bitcoin, or if it also adds cryptocurrencies to its treasury.
As cryptootics has reported, this is not the first approach between Trump Media and digital assets. The company, In conjunction with Exchange Crypto.com, he plans to launch an ETF that provides exposure in traditional bags at cryptocurrency prices and actions in the sector.
