Trump Media’s Bitcoin Treasury Hits $2 Billion, Plans More Buys as DJT Jumps 6.5%

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Trump Media and Technology Group Corp, the company behind Truth Social, Truth+, and Truth. Fi, has announced that it has invested about $2 billion in Bitcoin and related securities. This equals to roughly 17,000 BTC at current prices, which marks a bold step in its ongoing Bitcoin treasury strategy.

Trump Media Eyes More Crypto Buys Ahead

This massive crypto stash now makes up about two-thirds of the company’s $3 billion in liquid assets. In addition to this, Trump Media has also put aside around $300 million to buy bitcoin options. The company plans…



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Trump Media’s Bitcoin Treasury Hits $2 Billion, Plans More Buys as DJT Jumps 6.5%


Trump Media and Technology Group Corp, the company behind Truth Social, Truth+, and Truth. Fi, has announced that it has invested about $2 billion in Bitcoin and related securities. This equals to roughly 17,000 BTC at current prices, which marks a bold step in its ongoing Bitcoin treasury strategy.

Trump Media Eyes More Crypto Buys Ahead

This massive crypto stash now makes up about two-thirds of the company’s $3 billion in liquid assets. In addition to this, Trump Media has also put aside around $300 million to buy bitcoin options. The company plans…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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