The Financial Times’ «dumb writers» were right: Trump Media suddenly remembers that it will buy $2.5 billion worth of bitcoin after all
Trump family media company Trump Media and Technology Group (TMTG), the company behind Truth Social, wants to raise about $2 billion in new capital and another $1 billion through convertible bonds. These funds will be used to buy bitcoin and other cryptocurrencies, six insiders told the Financial Times. The publication added that the terms,…
Trump’s crypto-oligarchy: millions of dollars, political manipulation, and the shadow of a conflict of interest
The Trump family not only has a significant impact on global crypto trends, but has also significantly expanded the share of projects it owns directly or indirectly. This potentially leads to the creation of a «crypto oligarchy». Although, perhaps, this can already be called a fact. From the beginning leading crypto companies spent millions of…
Trump’s sons to launch American Bitcoin
The sons of US President Donald Trump, Eric and Donald, have announced the launch of a new bitcoin mining company called American Bitcoin in partnership with the well-known mining firm Hut 8. Together, they will focus on industrial bitcoin mining and the development of strategic reserve of cryptocurrencies. The project aims to become the…
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