#TrumpBTCTreasury Some see this proposal as an opportunity for the United States to benefit from the growth of the cryptocurrency market.

Others express concerns about the volatility of Bitcoin and the risks associated with its storage and management.

The creation of a strategic Bitcoin reserve could increase the legitimacy and adoption of cryptocurrencies in the U.S. market.

The initiative could foster innovation in the cryptocurrency and blockchain industry in the United States.

The SEC has approved Trump Media's Bitcoin treasury deal for $2.3B, allowing the company to raise funds and buy BTC, becoming one of the largest public Bitcoin treasuries. It also submitted an application for a Bitcoin ETF from Truth Social, aiming to give shareholders direct exposure to BTC.