Trump's $3B Crypto Empire: Ethical Concerns or Strategic Masterstroke?

President Donald Trump’s media company, Trump Media & Technology Group (TMTG), is gaining traction with its intention to raise $3 billion—$2 billion in equity and $1 billion in convertible notes—to invest in digital assets such as Bitcoin.

The ambitious step is a follow-through on Trump’s vision to make the U.S. a world leader in digital assets, something that he campaigned for after returning to office in 2025.

Nevertheless, the move has been preceded by huge ethical scandals. Critics claim that Trump’s dual roles as a policymaker and significant investor in crypto present possible conflict of interests, particularly due to his administration crafting policies that might affect his own business ventures.

The launch of the $TRUMP meme coin this year again heightened these concerns. With Trump-related entities holding 80% of the coin’s supply, the initiative has come under fire for treading the thin line between public service and personal gain.

The actions have been embraced by the base, however, who see these measures as strategic, emphasizing that Trump’s dabbling in new money technologies is proof of visionary leadership working towards revolutionizing the U.S. economy.

With TMTG ready to announce its capital raise ahead of a star-studded crypto conference in Las Vegas, the convergence of cryptocurrency and politics is a perpetual polarizing topic.

Whether or not Trump’s crypto business is a sign of visionary genius or moral overreach is an argument that continues to brew bitter acrimony.