Truth Social's parent company, Trump Media, announced that it holds approximately $2 billion in Bitcoin, funded by a recently raised $2.5 billion. This move follows President Trump signing a stablecoin regulatory bill and establishing a 'strategic Bitcoin reserve.' Bitcoin briefly surpassed $123,000 this Monday, and tokens related to Trump also surged. This action signifies that institutions associated with Trump are actively positioning themselves to lead the digital asset economy.
https://finance.yahoo.com/news/trump-media-stock-surges-after-acquiring-2-billion-of-bitcoin-133712159.html