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Trump Media Group denies raising $3 billion to buy cryptocurrency

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2025-05-26 22:54:56
Trump Media Group denied it planned to raise $3 billion through equity and convertible bonds to buy cryptocurrencies such as bitcoin. The company responded: "There are obviously some stupid writers at the Financial Times listening to even more stupid sources."
Previously, the Financial Times quoted six people familiar with the matter as reporting that the group is raising 3 billion dollars to expand the crypto market.
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