🟠 Trump Invades Crypto: SEC Approved Bitcoin Treasury Plan! 🇺🇸💥
Trump Media & Technology Group (TMTG), behind Truth Social, received SEC approval to launch a $2.3 billion Bitcoin treasury! This means that TMTG can now officially increase its BTC reserves.
📈 According to the plan:
$2 billion — through stock sales;
$1 billion — through convertible bonds;
A total of over 85 million shares and about 50 investors are involved.
🔥 Devin Nunes, CEO of TMTG, stated that the company is creating its own Bitcoin treasury as part of a "Patriotic Economy" strategy. He promised to turn TMTG into a key player not only in media but also in fintech with a focus on crypto.
📊 Against the backdrop of regulatory green lights and Trump's ambitions, analysts are already awaiting reactions from institutions and the crypto community.
What do you think, is this a new step towards the recognition of Bitcoin in America? 🇺🇸🪙