BITCOIN DROPS BELOW $106,000. WHO IS SELLING?! | Pump Or Dumb on Binance Square

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BITCOIN DROPS BELOW $106,000.
WHO IS SELLING?!

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#TrumpMediaBitcoinTreasury Trump Media and Technology Group (TMTG), the parent company of Truth Social, announced in May 2025 a $2.44 billion fundraising effort to establish a significant Bitcoin treasury, positioning itself among the largest corporate Bitcoin holders in the U.S. The deal involves issuing $1.44 billion in common stock at $25.72 per share and $1 billion in 0% convertible senior secured notes with a 35% premium, involving approximately 50 institutional investors. The net proceeds of about $2.32 billion will primarily fund the acquisition of Bitcoin, to be held alongside TMTG’s existing $759 million in cash and short-term investments, boosting its liquid assets to over $3 billion. Crypto.com and Anchorage Digital will provide custody for the Bitcoin holdings. CEO Devin Nunes framed the move as a strategic step to align with “America First principles,” describing Bitcoin as an “apex instrument of financial freedom.” The treasury is intended to diversify assets, protect against perceived financial discrimination by traditional institutions, and create synergies for TMTG’s platforms, including Truth Social, Truth+ streaming, and the upcoming Truth.Fi fintech brand. This initiative follows a broader trend of companies like MicroStrategy, which holds $63 billion in Bitcoin, adopting cryptocurrencies as treasury assets to hedge against inflation and fiat currency risks. The announcement initially caused TMTG’s stock (DJT) to drop 9-10% due to investor concerns over the high-risk nature of cryptocurrency investments and the company’s reliance on debt financing. However, shares later rose 2.9% on the day the deal’s pricing was confirmed. The move aligns with TMTG’s expansion into financial services, including plans for crypto-focused ETFs and a utility token. Critics question the long-term benefits versus the volatility risks, while supporters see it as a bold step to capitalize on Bitcoin’s rising value, which hit $110,000 around the announcement time.

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Wow... BlackRock just recorded its largest-ever Bitcoin ETF outflow The first outflow since 52 days ago. Should we be worried?

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When someone say me, If you don't believe me or don't get it, I don't have time to try to convince you

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#BDXN is coming to @Binance Announcement 👏🏽 📆 Mark your calendars for June 3rd at 10 AM UTC.

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🚨 #CEXvsDEX101: Watch out for scams in 2025! 🚨 Centralized Exchanges (CEX) like Binance are user-friendly with high liquidity, but they hold your funds—making them targets for hacks and scams. Projects like TCG3, AlphinHorizons, and Linayrex have been flagged for fake testimonials and unverifiable claims. Decentralized Exchanges (DEX) like Uniswap offer more control and privacy, but beware of smart contract risks and fake tokens. Always DYOR before trading! 🔍 #CryptoSafety #InvestSmart

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