#TrumpBitcoinEmpire el "Bitcoin Empire" of Trump has taken a significant turn, with Trump Media and Technology Group announcing the purchase of approximately $2 billion in Bitcoin and related securities as part of its cryptocurrency treasury strategy. The company plans to continue acquiring Bitcoin and has allocated $300 million for options to acquire Bitcoin-related securities.
This aligns with a broader pro-crypto stance by the administration, which includes the signing of the GENIUS Act (stablecoin regulation) and the plan for a "strategic reserve" of U.S. crypto assets. The value of Bitcoin has risen, surpassing $118,000, amid these developments and the growing interest from investors linked to Trump.