#TrumpBitcoinEmpire Trump's Bitcoin Empire
Donald Trump's media company, Trump Media & Technology Group (TMTG), is making big moves in the crypto space. Here's what's happening:
- *$2 Billion Bitcoin Bet*: TMTG disclosed a $2 billion position in Bitcoin and Bitcoin-linked securities, backed by $2.5 billion in fresh capital.
- *Strategic Bitcoin Reserve*: Trump signed an executive order creating a "Strategic Bitcoin Reserve" and "Digital Asset Stockpile" earlier this year.
- *Pro-Crypto Legislation*: Trump's allies in the House pushed through three crypto-friendly bills, positioning Trump as a "pro-Bitcoin, anti-CBDC candidate" ¹.
Trump's Crypto Connections
- *Trump Media's Crypto Plans*: TMTG aims to raise $3 billion to invest in Bitcoin and possibly launch a crypto ETF.
- *Trump Family's Crypto Holdings*: The Trump family has made over $600 million in cash from token sales and holds a crypto-related investment portfolio worth billions.
- *$TRUMP Memecoin*: Trump's memecoin has seen a 10% increase this week, trading at $11.55 ² ³ ¹.
Would you like me to dive deeper into Trump's crypto moves or provide more info on the implications of these investments?