#TrumpBTCTreasury The recent approval of the treasury agreement for Bitcoin by Trump Media for $2.3 billion and the request for a Bitcoin ETF by Truth Social mark a significant milestone. Trump Media & Technology Group (TMTG), the company behind the social media platform Truth Social and founded by Donald Trump, thus seeks to become one of the largest public Bitcoin treasuries.

This move has a dual impact. On one hand, the enormous exposure and participation of a high-profile figure like Trump could accelerate the mass adoption of Bitcoin, by introducing it to a broader audience and normalizing its holding at both corporate and retail levels.

On the other hand, this strong association with a political figure introduces greater political risk in the cryptocurrency markets. Bitcoin could become more susceptible to volatility linked to political or regulatory events, which could politicize an asset that, by nature, aspires to be decentralized and apolitical.