$BTC
Trump Media & Technology Group (TMTG) 📱, the company behind the social network Truth Social and partially owned by Donald Trump 🇺🇸, has received official approval from the U.S. Securities and Exchange Commission (SEC) ✅ to create a Bitcoin treasury worth up to $2.3 billion 💰.
In practice, this means the company can hold part of its assets in Bitcoin ₿, similar to what some other tech firms are doing 🖥️. This move is seen as a show of support for cryptocurrencies 🚀, and possibly as preparation for a greater role of Bitcoin in the U.S. economy — especially if Trump returns to office again 🗳️.
