Trump Media Wants to Buy a Lot of Crypto
Olivia Capozzalo & yyc trader
May 26, 2025
Happy Memorial Day Defiers!
Today’s big story:
- The Trump family’s media firm wants to raise $3B to buy crypto, FT reports
Plus:
- Markets: BTC crossed $110K again, while most large-cap alts saw mild gains
- Dubai launches tokenized real estate investments using XRP Ledger
- Crypto inflows are up, while public companies continue to stockpile BTC
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Trump Media Wants to Buy Crypto, Strategy-Style
Crypto markets posted mild gains on Monday after a volatile weekend, driven by optimism over a U.S.-EU trade deal and a report that President Trump’s media company plans to raise $3 billion to buy cryptocurrencies.
The Financial Times reported today that Trump Media and Technology Group (TMTG) aims to raise $2 billion in equity and a further $1 billion through a convertible bond. However, TMTG said in a statement that “apparently the Financial Times has dumb writers listening to even dumber sources,” without commenting further.
On Sunday, Trump agreed to delay the implementation of trade tariffs on European goods until July 9 to allow for negotiations, boosting investor sentiment. He had initially called for the 50% tariffs to start on June 1.
Bitcoin is up 3% over the past 24 hours, trading around $110,000. Meanwhile, Ether gained 2.5% to $2,570, XRP rallied 2%, and SOL surged 4% to $177 in the same period.
BTC price chart. Source: CoinGecko
In other news, Dubai has chosen XRP Ledger to underpin its real estate tokenization initiative. Announced on Monday, the new platform will enable fractional ownership of properties with a minimum investment of just 2,000 AED, or about $550.
yyctrader, Degen in Chief at The Defiant
📈 Markets in the last 24 hrs:
| TICKER | VALUE | 24H | |
|---|---|---|---|
 | Bitcoin | $109,284 | 1.67 % |
 | Ethereum | $2,540.91 | 0.88 % |
 | XRP | $2.31 | 0.25 % |
 | BNB | $672.88 | 1.12 % |
 | Solana | $174.59 | 1.66 % |
This is the news that mattered in the past 24 hrs:
- Crypto markets saw a mild bump today after Trump announced EU tariffs would be delayed; plus FT reported that the firm behind Trump’s Truth Social is looking to implement Saylor’s strategy to raise $3 billion to buy cryptocurrency.
- The Dubai Land Department has launched the region’s first government-backed property deed tokenization project; Ctrl Alt is the initiative’s tokenization provider, while Ripple’s XRP Ledger was selected as the blockchain of choice.
- Crypto investment products saw $3.3 billion in net inflows last week, per Coinshares’ latest report; also Saylor’s Strategy bought another 4,020 BTC, while a new player on the corporate BTC reserve scene, NYSE-listed DDC Enterprise, made its first purchase of a symbolic 21 coins.
🎬WATCH
In our latest video, we discuss one of the most important topics in crypto: security. As Bitcoin hits new all-time highs, scammers are coming up with increasingly sophisticated ways of getting to your crypto.
The Defiant team shares valuable tips on how to protect yourself from potentially devastating hacks. Stay safe out there, friends.
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