The Trump Media Group buys Bitcoin $BTC worth 2 billion dollars to create a reserve of cryptocurrencies! 💰🚀
The Trump Media and Technology Group, owned by President Trump, announced that it has purchased nearly 2 billion dollars worth of Bitcoin and related securities as part of its transformation into an investment company. 💼✨
The company that owns the "Truth Social" app announced its intention to raise 2.5 billion dollars to buy Bitcoin, aiming to establish a reserve of the digital currency $BTC . 💲₿ Devin Nunes, the CEO of Trump Media, stated in a statement that the 1 billion dollar Bitcoin purchase is part of the company's "Bitcoin Treasury Plan." 🔐📊
This comes at a time when Trump Media has launched a range of investment products, including the sale of exchange-traded funds (ETFs). 📈 Exchange-traded fund
Nunes stated in a statement that purchasing Bitcoin "will help ensure our company's financial freedom, protect us from discrimination by financial institutions, and create synergy with the service token we plan to offer through the Truth Social platform." 🛡️🤝
Source: CBS News. 📰
