Trump Media Has Acquired $2 Billion Worth of Bitcoin
Main Idea
Trump Media and Technology Group has accumulated approximately $2 billion worth of Bitcoin (BTC), with plans to hold BTC and ETH in a 75/25 ratio if approved.
Key Points
1. Trump Media and Technology Group has accumulated around $2 billion worth of Bitcoin (BTC).
2. President Devin Nunes commented on the matter, mentioning the 'Truth Social ecosphere.'
3. If approved, the group plans to hold BTC and ETH in a ratio of 75/25.
Description
Trump Media and Technology Group (or just Trump Media for convenience) – the company closely associated with the family of the acting president Donald Trump – has accumulated around $2 billion worth of BTC. According to a recent release, Trump Media now holds approximately $2 billion worth of BTC and bitcoin-related securities. It’s not clarified what the related securities are, but it could be ETFs. The company has approximately $3 billion in liquid assets, which means that the share of bitcoin...
Latest News
- Important Token Unlocks Worth $442M Happen This Week: Watch These Altcoins2025-07-21 18:15:41
- Asia Is Powering Ethereum’s Weekend Gains Amidst Signals of Altseason Breakout2025-07-21 16:59:24
- Massive Ripple (XRP) Milestone Achieved: Details2025-07-21 15:08:45
- 4 Cryptocurrencies to Watch as Smart Whale Opens Massive Long Position2025-07-21 14:08:55
- Trump Media Has Acquired $2 Billion Worth of Bitcoin2025-07-21 13:26:18