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    Home»Crypto News»Trump Media’s $3 Billion Crypto Bid Raises Issues Amid Harvard Dispute
    Trump Media’s  Billion Crypto Bid Raises Issues Amid Harvard Dispute
    Crypto News

    Trump Media’s $3 Billion Crypto Bid Raises Issues Amid Harvard Dispute

    By Crypto EditorMay 26, 2025No Comments3 Mins Read
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    Trump Media’s $3 Billion Crypto Bid Raises Issues Amid Harvard Dispute

    President Trump’s family-controlled media firm, Trump Media & Know-how Group (TMTG), plans to lift $3 billion to purchase cryptocurrencies similar to Bitcoin. 

    In response to experiences, the capital elevate will embrace $2 billion in recent fairness and $1 billion through a convertible bond.

    TMTG goals to announce the providing forward of a significant crypto convention in Las Vegas, the place Vice President JD Vance and Trump’s sons, Donald Jr. and Eric, are anticipated to talk. 

    In response to the Monetary Instances, underwriters might embrace ClearStreet and BTIG. The at-the-market share sale could be executed close to Friday’s closing worth.

    Notably, this transfer intently follows Trump’s risk to redirect $3 billion in federal analysis grants away from Harvard College to US commerce faculties. 

    The administration froze roughly $2.2 billion in grants, primarily from the Nationwide Institutes of Well being, after accusing Harvard of fostering antisemitism and non-compliance with federal directives. 

    In the meantime, Harvard has sued, calling the funding cuts unconstitutional. That proposal would require congressional motion to reallocate funds designated for biomedical analysis. 

    Critics argue it represents an overreach of government energy. Nevertheless, supporters say it could increase vocational coaching in high-demand trades.

    Invoice Ackman Says Harvard is Mismanaging Their Negotiations w/ President Trump

    “The mistaken factor to do with President Trump is to escalate … The view of most People is that the federal authorities giving taxpayer cash to a college is a privilege and never a proper … President… pic.twitter.com/unrdrjrfz8

    — Chief Nerd (@TheChiefNerd) Could 23, 2025

    Political Optics of Parallel Funding Strikes

    Whereas TMTG operates independently of the federal authorities, the timing and scale of its crypto ambitions have drawn scrutiny, given its shut ties to the Trump household and the administration’s broader coverage posture. 

    There’s a juxtaposition that may’t be ignored. A Trump-linked entity elevating billions for digital asset funding because the administration pressures elite establishments and proposes to shift public funding towards vocational applications.

    The President’s pro-crypto strikes have introduced notable progress for the crypto trade, notably within the US. 

    But, this continued crypto push from Trump-affiliated organizations does elevate respectable questions on affect, priorities, and the boundaries between personal monetary methods and public coverage. 

    In the meantime, the US President’s crypto ventures have been below political hearth lately. Final week, the TRUMP meme coin dinner raised a variety of eyebrows. 

    A number of Democratic senators even held a shock press convention to demand a full visitor record.

    TMTG’s portfolio already consists of earlier ventures in NFTs, meme cash, and crypto mining. It is usually reportedly planning a crypto-focused ETF. 

    Disclaimer

    In adherence to the Belief Undertaking pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed info. Nevertheless, readers are suggested to confirm information independently and seek the advice of with an expert earlier than making any choices based mostly on this content material. Please be aware that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.





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