The Securities and Exchange Commission (SEC) has approved a $2.3 billion Bitcoin vault transaction for Trump Media — this transaction will allow the company to raise funds and purchase Bitcoin, becoming one of the largest publicly traded Bitcoin vaults. The company has also applied for a Truth Social Bitcoin ETF, aimed at providing shareholders with direct Bitcoin exposure.

 

💬 Do you think Trump Media's Bitcoin strategy will drive more mainstream adoption, or will it increase the political risks in the crypto market? Feel free to share your thoughts!

 

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