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Trump Media Aims for $3B Crypto Shopping Spree—Wall Street Rolls Eyes
Trump Media Aims for $3B Crypto Shopping Spree—Wall Street Rolls Eyes
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Another day, another nine-figure crypto play from the political-financial complex.
Trump Media & Technology Group—yes, that Trump—is reportedly scrambling to raise $3 billion for a ’strategic digital asset acquisition,’ according to Financial Times sources. Because nothing says ’stable investment’ like mixing meme stocks with volatile cryptocurrencies.
The move comes as legacy firms still pretend to understand blockchain, while crypto-native players quietly stack Satoshis. No word yet on whether the funds will target Bitcoin, Ethereum, or something more... on-brand.
One hedge fund manager quipped: ’At least they’re not buying NFTs this time.’
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