#TrumpBTCTreasury
as of June 2025:
1. **Trump Media's Bitcoin Treasury Deal**:
Trump Media and Technology Group (DJT) secured SEC approval for a $2.3 billion Bitcoin treasury deal, funded through debt and equity agreements with 50 investors. The company plans to hold Bitcoin alongside its $759 million in cash/short-term investments .
2. **U.S. Strategic Bitcoin Reserve**:
President Trump established a **Strategic Bitcoin Reserve** via executive order, consolidating ~200,000 BTC (worth ~$20.4 billion) seized from criminal cases. The reserve treats Bitcoin as a national asset, akin to gold or oil, and prohibits sales .
3. **Crypto Policy Shift**:
The administration reversed prior anti-crypto stances, dropping enforcement actions against exchanges (e.g., Coinbase, Binance) and pushing pro-crypto legislation, including stablecoin bills .
4. **Market Impact**:
Trump’s policies spurred volatility; Bitcoin briefly surged past $94,000 after announcements but faced drops when government purchases were ruled out .
5. **Controversy**:
Critics argue the reserve benefits crypto insiders and contradicts Bitcoin’s decentralized ethos, while supporters see it as legitimizing crypto as a strategic asset .