Trump Media Denies $3B Bitcoin Investment Rumors

Trump Media dismisses Financial Times report claiming plans to raise $3B to buy Bitcoin as false and offensive.

Aurelien Sage May 27, 2025 - 11:30 AM

20 1 minute read

Trump Media denies Bitcoin investment rumors

Market

Trump Media denies raising $3B to invest in crypto
Calls Financial Times report and sources “dumb”
No confirmed crypto acquisition plans revealed

Trump Media and Technology Group (TMTG) has sharply denied a recent Financial Times report suggesting the company is planning to raise $3 billion to purchase Bitcoin and other cryptocurrencies. The article, which cited unnamed sources, claimed that TMTG would raise $2 billion in equity and $1 billion via convertible bonds. However, TMTG responded forcefully, labeling both the sources and the journalists behind the story as “dumb” and “even dumber.”

The firm’s public rebuttal leaves little doubt about its position. In a bold statement, TMTG dismissed the entire report as fabricated nonsense. This rare, blunt denial signals the company’s desire to distance itself from speculative narratives involving cryptocurrency investments—at least for now.

No Crypto Plans—At Least Officially

The Financial Times’ story quickly made waves across financial and crypto communities. A $3 billion crypto investment by Trump Media would have marked one of the largest entries into the digital asset space by a media company. However, TMTG’s strong denial casts serious doubt on any immediate plans to accumulate crypto assets.

Despite Trump’s own occasional endorsement of cryptocurrencies like Bitcoin in the past, TMTG’s current business model is rooted in digital media and political engagement, particularly through its platform Truth Social. There’s been no public indication from corporate filings or official announcements that the company is pivoting toward cryptocurrency investments.

Trump Media and Technology Group has denied a Financial Times report claiming it plans to raise $3 billion—through $2 billion in equity and $1 billion in convertible bonds—to purchase Bitcoin and other cryptocurrencies, calling the publication’s sources “dumb” and its writers… https://t.co/nJDSFE9doI
— Wu Blockchain (@WuBlockchain) May 26, 2025

Media Skepticism and Market Speculation

The incident underscores the tension between media speculation and corporate messaging—especially in crypto, where rumors can trigger massive market reactions. It also reveals how misinformation, whether accidental or deliberate, can force companies to go on the defensive to protect their reputations and investor trust.

While some investors may still speculate about future crypto involvement, TMTG’s message is clear for now: the report is false, and the company has no confirmed plans to raise or allocate billions toward digital assets.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.