Trump’s $3 Billion Crypto Adventure: Harvard’s Nightmare or Just Another Day? 🤔💰

In a twist that could only be scripted by the gods of irony, President Trump’s family-controlled media circus, the Trump Media & Technology Group (TMTG), is gearing up to raise a staggering $3 billion to dive headfirst into the wild world of cryptocurrencies, Bitcoin being the star of the show. 🎪

Reports suggest that this audacious capital raise will consist of $2 billion in fresh equity and a cheeky $1 billion via a convertible bond. Because why not throw in a bond for good measure? 💸

Trump Media’s Crypto Circus Coincides with the President’s Harvard Showdown

As if the universe conspired to create the perfect storm, TMTG plans to unveil this offering just in time for a major crypto conference in Las Vegas, where the illustrious Vice President JD Vance and Trump’s own progeny, Donald Jr. and Eric, are set to grace the stage. 🎤

According to the Financial Times, underwriters might include ClearStreet and BTIG, because who doesn’t want to be part of this financial rollercoaster? The at-the-market share sale will be executed near Friday’s closing price, which is as predictable as a cat on a hot tin roof. 🐱‍👤

BEEAKING: TRUMP Media Group aims to raise $3 BILLION for cryptocurrency investments.

$120K should be next for Bitcoin.

— Sr Peters (@SrPetersETH) May 26, 2025

In a delightful twist of fate, this crypto escapade closely follows Trump’s not-so-subtle threat to yank $3 billion in federal research grants from Harvard University, redirecting them to trade schools. Because who needs elite education when you can learn to fix a leaky faucet? 🔧

The administration has frozen approximately $2.2 billion in grants, primarily from the National Institutes of Health, after accusing Harvard of fostering antisemitism and not playing by the federal rules. Talk about a plot twist worthy of a Dostoevsky novel! 📚

Meanwhile, Harvard, in a fit of indignation, has decided to sue, claiming the funding cuts are as unconstitutional as a cat wearing a dog costume. This proposal would require congressional action to reallocate funds meant for biomedical research, which sounds about as likely as finding a unicorn in Central Park. 🦄

Critics are having a field day, arguing it’s an overreach of executive power. But supporters? They’re cheering, claiming it’ll boost vocational training in high-demand trades. Because who wouldn’t want to be a plumber in this economy? 🚽

Political Optics of Parallel Funding Moves

While TMTG operates independently of the federal government, the timing and scale of its crypto ambitions have drawn scrutiny, given its close ties to the Trump family and the administration’s broader policy posture. It’s like watching a soap opera unfold, but with more money and fewer plot twists. 🎭

There’s a juxtaposition that can’t be ignored. A Trump-linked entity raising billions for digital asset investment while the administration pressures elite institutions and proposes to shift public funding toward vocational programs. It’s almost poetic, in a tragicomic sort of way. 🎭

The President’s pro-crypto moves have indeed brought notable progress for the crypto industry, particularly in the US. Yet, this continued crypto push from Trump-affiliated organizations raises legitimate questions about influence, priorities, and the blurry lines between private financial strategies and public policy. 🧐

Meanwhile, the US President’s crypto ventures have been under political fire recently. Just last week, the TRUMP meme coin dinner raised eyebrows higher than a giraffe on stilts. 🦒

Several Democratic senators even held a surprise press conference to demand a full guest list. Because nothing says “serious politics” like a surprise party! 🎉

TMTG’s portfolio already includes previous ventures in NFTs, meme coins, and crypto mining. It is also reportedly planning a crypto-focused ETF. Because why not throw everything at the wall and see what sticks? 🍝

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2025-05-26 21:16