Trump Media Technology Group really created a $2.5 billion Bitcoin treasury this time, claiming it's a long-term strategy, but looking closely, it seems more like a strategic deployment package. Biden could work for another 100 years and still not compare to you!
Not long ago, this company was constantly engaged in shady operations, who would dare to trust easily, for example, before Trump took office, they harvested a wave with 90,877,034,373 coins, the market value soared to $15 billion and then plummeted, investors lost tens of billions, while they made a crazy $100 million in fees, clearly riding the wave and cutting leeks. This financing method is very similar to MicroStrategy, issuing stocks and convertible bonds, packaging themselves as a "crypto ETF," but their stock price has dropped 24% since the beginning of the year, and they urgently need a new story to drive up the price, which just came in handy. Plus, the Trump family is shouting "support for the crypto industry" while taking 75% of net income and a huge amount of token dividends from their own project WLF, truly shameless! The smell of interest transfer is extremely strong.
Of course, in the long run, it may indeed ride on the policy tailwind of America's "Bitcoin Strategic Reserve" (for example, the 200,000 Bitcoins confiscated by the government may be injected into reserves), but right now it seems more like using "national strategy" to subsidize their own business, while conveniently cashing in on the hype when Bitcoin breaks the $120,000 high, this is a classic operation of political-business interaction—truth mingled with falsehood, cutting both leeks and believers. No one can escape this game!
Look at the last picture, can you really spend it? Biden could work for another 100 years and still not compare to you. Perfect victory
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