Trump Media to Raise $2.5B To Invest In Crypto
Trump Media & Technology Group (DJT), which operates the Truth Social app and is controlled by the president’s family, aims to raise $1.5 billion in fresh equity and another $1 billion via a convertible bond, to add more BTC to it’s treasury. The stock fell 8% on the news. Read more →
Circle Officially Files For IPO
Circle is looking to raise $624 million in a long-awaited IPO. The company is offering 24 million shares for $24 – $26 each, valuing the company at $6.7 billion. The ticker will be CRCL. The question now is will they make it to IPO or get acquired first? Read more →
What Happens in Vegas…
Bitcoin 2025 Conference kicks off on the Las Vegas strip today (watch the livestream here). Vice President J.D. Vance headlines tomorrow’s agenda, while crypto czar David Sacks and presidential adviser Bo Hines take the stage this afternoon to outline the administration’s “bitcoin superpower” ambitions. Donald Trump Jr. and Eric Trump are also booked. In short: expect plenty of rah-rah politics alongside the usual number go up optimism.
