Trump Media Amasses $2 Billion Bitcoin Reserve as Part of Treasury Strategy
Description
Trump Media has spent $2 billion to acquire bitcoin. The company is sticking to its strategy of forming a reserve using the leading cryptocurrency. The sum of $300 million went to buy options on bitcoin securities. Trump Media and Technology Group Corp., the company that owns the Truth Social, Truth, and Truth.Fi platforms, announced that it has accumulated about $2 billion in bitcoin and bitcoin-related securities. This is part of the company's previously announced bitcoin treasury strategy. Th...
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