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[ Wed, May 28th 2025 ]: RepublicWorld
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[ Wed, May 28th 2025 ]: fox17online
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[ Wed, May 28th 2025 ]: Mediaite
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[ Tue, May 27th 2025 ]: Fortune
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Trump Media to raise $3 billion to spend on cryptocurrencies, FT reports

Trump Media & Technology Group, the company behind Truth Social, is set to raise up to $3 billion through a merger with Digital World Acquisition Corp., a special purpose acquisition company (SPAC). The merger, which has been delayed due to regulatory scrutiny and investigations, is expected to provide the necessary funds for the expansion of Truth Social, a social media platform launched by former President Donald Trump. The deal, if completed, would value Trump Media at around $18 billion, with Trump himself owning a significant portion of the company. The funds raised are intended to support the growth and development of Truth Social, as well as other potential ventures by Trump Media.

Read the Full Reuters Article at:
[ https://www.aol.com/news/trump-media-raise-3-billion-161254747.html ]