#TrumpBTCTreasury

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Don Wilson invested $100 million in Trump Media’s Bitcoin Treasury deal

According to a report by the Financial Times (FT), Don Wilson, founder and CEO of DRW Investments, one of the world’s largest trading firms, poured $100 million in Trump Media’s Bitcoin Treasury fundraising round.

According to the report, DRW Investments bought over 3.8 million shares in Trump Media, according to an SEC filing. This makes DRW among the biggest investors in Trump Media’s bet on a Bitcoin Treasury.

ETF analyst James Seyffart points to how long it took for spot Bitcoin ETFs to get approved as a reason he doesn’t think approval is coming imminently for spot Solana ETFs.