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Business & Economics

Trump Media to raise $3 billion to buy cryptocurrencies

CoinGape
Summary
Nutrition label

57% Informative

Trump Media and Technology Group ( TMTG ) planning to raise $3 billion to buy cryptocurrencies.

The fundraising move signals a deeper push into digital assets by a firm controlled by the Trump family.

TMTG ’s fundraising model mirrors that of companies like MicroStrategy , which used equity and debt to acquire large holdings of Bitcoin .

VR Score

38

Informative language

29

Neutral language

53

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links