President Donald Trump's family plans to drop a $3 billion investment into cryptocurrencies, including bitcoin, as it bets big on digital assets.

The president has said he hopes to make the United States the 'crypto capital of the world.'

President Donald Trump's family is planning to pour $3 billion of new cash into cryptocurrencies, including bitcoin, as it makes a huge bet on the booming digital assets.

Trump, who has said he hopes to make the United States the 'crypto capital of the world,' is seeing his company, Trump Media & Technology Group, raise $2 billion in fresh equity.

The company, which is behind the Truth Social app and counts President Trump as its largest shareholder, will also sell a $1 billion convertible bond, the Financial Times reported.

The initial cash will come from about 50 institutional investors in an upsizing of a recent share offering. They will buy about 58 million shares of the company.

Those funds will then be used to create one of the largest corporate reserves to invest in Bitcoin, giving the Trumps’ a bitcoin Treasury.

President Donald Trump is making a huge investment in crypto currency

Trump Media & Technology Group is behind the Truth Social app and President Trump is its largest shareholder. As president, his assets are in a blind trust managed by his family.

The company’s new investment strategy was announced ahead of this week’s big meeting of crypto investors in Las Vegas.

Vice President JD Vance and Trump’s sons Don Jr and Eric are speaking at the event. Trump’s crypto tsar David Sacks is also expected to attend the bash.

The company said it is planning to diversify its revenue streams with a push into the financial sector.

'We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of its assets,' Devin Nunes, the company’s chief executive officer, said in a statement.

President Trump owns a little over 50 percent of Trump Media’s stock, making the approximately $2.7 billion stake one of his most valuable investments.

The company went public a little over a year ago but has been losing money. Truth Social has generated just a few million dollars in advertising revenue - despite it being President Trump’s preferred social media platform.

Last quarter, Trump Media reported a $32 million loss on just $820,000 in revenue from advertising and other sources.

The Trump family famously made its money in real estate, putting its mark on the New York City skyline and at Trump properties throughout the world.

But the family is diversifying and has already opened multiple beachheads in crypto, quickly accruing a several hundred million dollar fortune.

Those other crypto forays include Trump NFTs, a meme coin, a stake in a newly formed bitcoin producer called American Bitcoin and the cryptocurrency exchange World Liberty Financial.

Donald Trump Jr (left) and Eric Trump (right) have been leading the family into crypto

Last week, more than 200 wealthy crypto bros descended on Trump’s Washington D.C. golf course for a private dinner with the president.

Democrats and ethics experts have criticized the event, which they described as an effort by the president to personally profit off of his public office.

But Trump pushed back on that charge in remarks to guests, arguing that Hunter Biden and the Biden family benefitted far more from the Oval Office.

“Ultimately, no matter what it is, I always put the country way ahead of the business,” Trump said, according to a transcript. “You can’t say that about Hunter. They’re cleaning up. They’re making a fortune.”

Trump noted that President Joe Biden’s son Hunter sold paintings for thousands of dollars: “$500,000 for a painting.”

A video of his remarks was posted on social media by attendees.

The dinner was hosted by the president’s cryptocurrency venture for the biggest holders of the $TRUMP meme coin.

President Donald Trump spoke at a dinner with investors in his memecoin

Guests posted photos on social media of the dinner

Trump pitched the value of the venture when he addressed the Zoom baubles.

'A lot of sense in crypto, a lot of common sense,' the president said. He donned the blue suit and red tie he had been sporting at the White House all day.

Many of the investors in the cryptocurrency are foreign and it's unclear what kind of vetting they went through in order to be in close proximity to the ballroom.

The event was to thank investors for their $400 million investment in Trump’s memecoin.