#TrumpMediaBitcoinTreasury Trump Media & Technology Group (TMTG), associated with former US President Donald Trump, has invested $2.9 million in Bitcoin as part of its treasury reserve strategy. This move reflects a growing trend of companies incorporating cryptocurrencies into their financial strategies.
*Key Details:*
- *Investment Amount*: $2.9 million
- *Number of Bitcoins*: 30 BTC
- *Average Purchase Price*: Approximately $96,750 per Bitcoin
This investment aligns with TMTG's broader strategy to explore opportunities in the digital asset space, potentially enhancing its financial portfolio and positioning the company for future growth in the evolving cryptocurrency market.
