Trump Media Plans $3B Crypto Investment as Ethics Storm Builds

Trump Media Prepares $3 Billion Capital Raise for Bitcoin and Digital Assets

Trump Media & Technology Group (TMTG), the parent company of Truth Social, is reportedly preparing a $3 billion fundraising plan to purchase cryptocurrency assets, including Bitcoin, according to the Financial Times.

The deal may include a $2 billion equity offering and a $1 billion convertible bond, making it one of the largest crypto acquisitions ever proposed by a media company.

Las Vegas Crypto Event May Mark Announcement

Sources say the raise could be unveiled at a major crypto event this week in Las Vegas, where speakers include Donald Trump Jr., Eric Trump, and crypto policy figure David Sacks.

If executed, the investment could position Trump Media as one of the most prominent institutional holders of crypto—alongside firms like MicroStrategy.

TMTG’s Expanding Crypto Footprint

TMTG’s crypto activity already includes:

• Two meme coin projects
• An NFT trading card series
• A strategic stake in a stablecoin platform

Trump’s majority stake, worth nearly $3 billion, was transferred into a revocable trust controlled by his son after he re-entered office.

Ethics Firestorm: Legal Gray Zones and Policy Risks

The move has reignited debate about financial entanglements and presidential power.

Key concerns include:

• Influence over crypto regulation while indirectly benefiting from crypto exposure.
• A trust structure that may shield asset holdings from public disclosure.
• The use of volatile, policy-sensitive assets as investment vehicles by politically affiliated entities.

Ethics experts warn that current disclosure rules don’t fully capture digital asset structures, especially when family-controlled revocable trusts are involved.

Comparisons to MicroStrategy and Political Tensions

While companies like MicroStrategy have acquired Bitcoin through aggressive equity strategies, TMTG’s dual role—as a policy-adjacent entity and crypto investor—raises a fundamentally different governance challenge.

Recent reports note that Trump hosted a private dinner for investors in his meme coin project at one of his golf clubs, reinforcing concerns over private-public entanglement.

FAQ: What Are the Implications?

Can a president’s family trust hold large crypto positions? Yes—legally. But ethics watchdogs highlight the risk of indirect benefit and lack of transparency.

Is this different from past presidential business ties? Yes. Unlike real estate, crypto is highly volatile and price-sensitive to policy shifts.

Are revocable trusts fully visible to Congress? Not necessarily. These structures often exempt asset details from public or congressional oversight unless income is transferred directly.