In a significant step, Trump Media has received approval from the U.S. Securities and Exchange Commission (SEC) to issue $2.3 billion in Bitcoin bonds, enabling it to purchase large amounts of BTC, making it one of the largest publicly traded Bitcoin bond holders.

The company has also applied to create an ETF trading fund for the Truth Social platform, providing its shareholders with direct exposure to the digital asset.

This move enhances the legitimacy of Bitcoin as an institutional financial tool and represents a strong push towards widespread adoption by major entities.

However, it also introduces 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 adoption.