🚀 Trump Media makes a move: $2.3 billion for Bitcoin and its own ETF
SEC has given the green light to an ambitious plan:
✅ Purchase of BTC for $2.3 billion – the company could enter the TOP-5 public Bitcoin treasuries
✅ ETF for Truth Social – shareholders will have direct access to BTC
💡 Why is this important?
- A major institutional player enhances the legitimacy of the crypto market
- Political factor: Trump's approach may influence the regulatory agenda in the USA
⚖️ Double effect:
🔹 Plus: Mass interest in BTC through the media platform
🔸 Minus: Politicization of cryptocurrency = volatility