# Trump Bitcoin Empire
Donald Trump's media company, Trump Media and Technology Group (TMTG), has made a huge bet on Bitcoin. They've invested *$2 billion* in Bitcoin and Bitcoin-related securities, which makes up about *two-thirds* of their $3 billion in liquid assets. This move comes after Trump signed the GENIUS Act into law, aiming to make the U.S. a crypto powerhouse ¹ ² ³.
# Key Details on Trump's Bitcoin Move
- *Investment Strategy*: TMTG used $1.5 billion from stock sales and $1 billion from convertible senior secured bonds for Bitcoin acquisitions.
- *Bitcoin Options*: They've also allocated *$300 million* for an options strategy focused on Bitcoin-related securities.
- *Political Angle*: Trump is positioning himself as a pro-Bitcoin, anti-CBDC candidate.
# Implications and Reactions
- *Stock Performance*: TMTG's stock opened 6% higher after the announcement but has been down 25% since May.
- *Trump's Crypto Connections*: Trump's family reportedly holds a stake in World Liberty Financial, a Trump-adjacent crypto outfit.
