In a notable step, Trump Media received approval from the U.S. Securities and Exchange Commission (SEC) to issue Bitcoin bonds worth $2.3 billion, enabling it to purchase large amounts of BTC, making it one of the largest public holders of Bitcoin bonds.
The company has also applied to create an ETF trading fund for the Truth Social platform, giving its shareholders direct exposure to the digital asset.
This trend enhances the legitimacy of Bitcoin as an institutional financial tool and represents a strong push towards widespread adoption by major entities.
However, on the other hand, it brings Bitcoin into the realm of political influence, which may increase market sensitivity to changes related to public affairs.
📊 Trump Media's support is a dual-impact development: an important step towards institutional adoption, but it also carries the potential for future political fluctuations.
