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ANAYAT_03
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#TrumpMediaBitcoinTreasury Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced plans to raise $2.5 billion from approximately 50 institutional investors. The funds will be used to establish a Bitcoin treasury reserve, marking a significant move into the cryptocurrency market. The reserve aims to protect the company from financial institution discrimination and aligns with TMTG’s mission of financial freedom. Custody of the reserve will be provided by Crypto.com and Anchorage Digital.    Despite the announcement, TMTG’s stock experienced a decline, dropping over 5% on the news. The company’s shares have fallen approximately 30% this year, and it reported a $32 million net loss in Q1 2025. The Bitcoin investment announcement coincided with the start of the Bitcoin 2025 conference in Las Vegas, reflecting former President Trump’s continued focus on cryptocurrency, a central theme in his re-election campaign.   This move follows President Trump’s earlier establishment of a U.S. Strategic Bitcoin Reserve through an executive order in March 2025. The reserve is capitalized with Bitcoin seized in criminal or civil forfeiture proceedings and is intended to be maintained as a store of value, similar to gold. The government will not sell any Bitcoin deposited into the reserve, and additional acquisitions will only occur through budget-neutral strategies that do not impose costs on taxpayers.    While some view these initiatives as a step toward positioning the U.S. as a leader in digital assets, others express concerns about the volatility of cryptocurrencies and the potential risks associated with government involvement in the market.
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$CAKE This is a textbook $CAKE triangle pattern playing out right now! $ETH
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$BTC $8.5 Billion shorts will be liquidated when $BTC hits $115K 👀 Send it. $ETH
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$BTC M2 GLOBAL LIQUIDITY IS EXPLODING BITCOIN WILL FOLLOW SOON 🚀 We can reach that level yeah $ETH $XRP
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$SUI Which altcoin will be the best performer this cycle? 🔥 $SUI or $SOL ..?
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