1. Executive Order (March 6): Trump officially created a Strategic Bitcoin Reserve—around 200,000 BTC seized are now a permanent treasury asset, overseen by the US Treasury in a “Digital Fort Knox” strategy .
2. Trump Media’s Bitcoin Treasury Deal:
Raised ≈ $2.3–2.5 billion (via equity & convertible debt) from ~50 investors in late‑May to build a corporate BTC stash .
SEC “declared effective” the S‑3 registration on June 13, clearing the way for Trump Media to hold BTC on its balance sheet alongside $759 M in cash equivalents .
Also filed to launch a spot Bitcoin ETF, with Crypto.com/Anchorage handling custody .
💥 Why it matters:
Signals a shift: Trump embracing crypto as strategic national & corporate asset.
Could mark the start of institutionalizing BTC at the government level.
Raises questions on market volatility—TMTG’s stock fell ~2% on the news .
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🔎 TL;DR: Trump’s admin is stacking seized BTC into a national reserve, while his media company is loading up with corporate bitcoin—plus pursuing a spot‑ETF. Crypto officially meets “America First.”
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