#TrumpBTCTreasury
šØ #TrumpBTCTreasury Update šØ
Yesterday, the SEC officially cleared Trump Media & Technology Groupās Bitcoin treasury dealāÆāāÆa landmark move as the firm transitions into āone of the largest corporate BTC holdersā with over $2.3B raised via stock and convertible notes. These funds will be used to build a Bitcoin reserve, complementing an already robust balance sheet that includes ~$759M in cash and equivalents. This mirrors the trend of companies like MicroStrategy and GameStop allocating digital assets into their treasuries.
š Key takeaway: Trump Media is expanding beyond social and streaming, turning Truth Social and Truth+ into hubs for crypto, fintech, and freeāmarket messagingāall while signaling a proācrypto agenda under the Trump-era policy framework.
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