So here’s the tea—earlier today, the internet went wild with rumors that Trump Media and Technology Group (aka the force behind TruthSocial) was raising a wild $3 billion just to drop it on crypto. Like, seriously? That’s a whole lot of Bitcoin. The rumor, sparked by a report from the Financial Times, claimed the company was about to go full degen and ape into crypto markets with $2 billion in equity and another $1 billion in bonds.
The “Trump Media Crypto” Rumor Gets Dragged
But now, Donalds Media is out here saying “nah, that’s cap.” The company straight-up called the FT sources “dumb” and even dragged the writers, calling them unreliable. That’s not just a denial—that’s a straight-up diss track. The Financial Times tried to draw connections between this alleged plan and Trump’s growing interest in the crypto space—pointing to NFTs, memecoins, and even possible ETFs. They also claimed the company was planning mergers and acquisitions to dive into financial services.
Still, Trump Media wasn’t having any of it. The firm said the entire thing was made up and shut down the $3B narrative hard. In classic Trump style, they left no room for speculation. Bottom line? No crypto buying spree is happening—at least not from them.
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