Trump’s BTC Treasury: Crypto Goes Presidential
Former President Trump and his affiliated media venture, Trump Media & Technology Group (TMTG), have launched a groundbreaking Bitcoin treasury initiative. Backed by a $2.5 billion fundraising round with around 50 institutional investors, TMTG plans to add billions in BTC to its balance sheet alongside existing $759 million in cash and securities . On June 13, the SEC officially approved TMTG’s Form S-3 registration for the deal—enabling share and convertible note issuance tied to BTC treasury accumulation . This move marks one of the largest corporate Bitcoin purchases and parallels a broader shift under the Trump administration—including executive orders to build a Strategic Bitcoin Reserve using seized BTC . Analyst reactions are mixed: while some welcome institutional confidence, others fear geopolitical entanglement. As TMTG takes center stage, crypto-watchers are asking: Is political capital now bound to Bitcoin?