Trump Media spokespeople denied news of the deal a day earlier, before confirming the capital raise in a May 27 announcement.
Latest News on Business

When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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If the associated warrants are exercised, Strive could raise an additional $750 million and bring its total Bitcoin purchasing power to $1.5 billion.
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SharpLink Gaming announced a $425 million private equity deal to launch an Ether treasury and appointed Ethereum co-founder Joseph Lubin as board chairman.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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ChatGPT and Grok can help you analyze altcoins, compare projects, and stay ahead in crypto research.
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The world’s biggest Bitcoin miner achieved record annualized revenue as its Bitcoin holdings surpassed $5 billion.
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Taurus said the partnership would enable its expansion into Latin America, a region that ranks highly for cryptocurrency adoption.
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As part of its 24 million-share IPO, Circle will be offering 9.6 million shares of Class A common stock, while selling stockholders will offer the remaining 14.4 million shares.
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Metaplanet’s stockholders are paying a more than fivefold premium on Bitcoin spot prices, as BTC’s soaring valuation discourages direct retail exposure.
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Unitree director Wang Qixin says the robotics company used AI and motion capture to train the robots on real fight moves.
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Nicknamed “crypto dad,” Giancarlo headed the Commodity Futures Trading Commission between 2017 and 2019.
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The Instagram account of ex-rap trio Migos posted images of what appeared to be Solana co-founder Raj Gokal holding identity documents, with captions asking for 40 Bitcoin.
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Strategy’s Michael Saylor advised against institutions publishing proof-of-reserves to show their crypto holdings, saying it’s a “bad idea” that increases the risk of a security breach.
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The Blockchain Group’s stock price jumped over 225% in November after it started buying Bitcoin, and is up over 765% so far this year.
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The US regulator has issued guidance on several crypto-related activities, but has yet to clarify rules on staking.
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