#TrumpBTCTreasury The recent approval by the SEC of Trump Media's plan to create a $2.3 billion Bitcoin reserve marks a milestone in corporate cryptocurrency adoption. The company, behind Truth Social, plans to use these funds to consolidate a "Bitcoin treasury," drawing inspiration from MicroStrategy's strategies. This move, backed by 50 institutional investors, includes the resale of 56 million shares and convertible notes, seeking financial flexibility. However, the 13% drop in Trump Media's stock after the announcement reflects market skepticism about the execution of this ambitious strategy. Additionally, the Trump administration has pushed pro-crypto policies, such as the creation of a strategic Bitcoin reserve and the removal of Biden-era restrictions on crypto assets in 401(k) plans. Opinion: Although political backing and regulatory clarity drive Bitcoin, conflicts of interest and market volatility create uncertainty. Success will depend on management and macroeconomic conditions. Bitcoin could consolidate as a strategic asset, but risks remain.