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Trump Media & Technology Group Aims to Raise $3 Billion for Cryptocurrency Investment

BlockBeats News, May 26th, according to the Financial Times, the Trump Media Group plans to raise $3 billion to invest in Bitcoin and other cryptocurrencies.

The company plans to complete the financing by issuing $2 billion in stocks and $1 billion in convertible bonds. Sources say the related plans are expected to be announced ahead of this week's Bitcoin 2025 conference, with the company's Truth Social app also seen as part of its crypto strategy.

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A certain whale has held a long position of approximately 1,000 BTC for over half a year, with current unrealized profit of about $3.25 million.

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A certain whale has held a long position of approximately 1,000 BTC for over half a year, with current unrealized profit of about $3.25 million.

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