#TrumpBTCTreasury Trump Media and Bitcoin: Acceleration of Adoption or Political Storm?
The U.S. Securities and Exchange Commission (SEC) approved the deal for Trump Media & Technology Group (TMTG), allowing the company to raise up to $2.3 billion to purchase Bitcoin. This could potentially make TMTG one of the largest public holders of BTC, joining the top three alongside MicroStrategy and Tesla. At the same time, the company has applied to launch a Bitcoin ETF for its social network Truth Social, aiming to provide shareholders with direct access to cryptocurrency.
These unprecedented steps raise the question: **Will Trump's activity be a catalyst for the mass adoption of Bitcoin or introduce new political risks?**
**Arguments "For" Acceleration of Adoption:**
1. **Mainstream Attention:** Trump's name guarantees unprecedented media coverage, introducing millions of new people to BTC.
2. **Institutional Bridge:** A large purchase legitimizes BTC as a treasury asset for other companies, especially in "red" states.
3. **Innovative ETF:** A unique integration of the ETF with the social network could create a new model for accessing crypto assets.
**Political Risks:**
1. **Polarization:** Trump is an extremely polarizing figure. His association with BTC may repel opponents.