The Financial Times has reported that the Trump Media & Technology Group (TMTG) is allegedly planning to raise 3 billion —2 billion through a stock offering and $1 billion via convertible bonds — with the intention of investing in cryptocurrencies, particularly Bitcoin.
However, TMTG has strongly denied the report, dismissing the sources as "dumb" and the authors as "even dumber." As such, the claim remains speculative.
My Point
What is surprising is how the media produced such a detailed report. Who provided them with such specific figures? TMTG’s forceful denial also suggests that, even if such a plan did exist, it would not be leaked internally — particularly given that TMTG is under the direct influence of the sitting U.S. President.
