#TrumpMediaBitcoinTreasury
#TrumpMediaBitcoinTreasury | Trump Media Just Shook the Crypto World! ๐จ
Trump Media & Technology Group has officially entered the crypto battlefield with a $2.5 billion Bitcoin treasury reserve, placing itself among the likes of MicroStrategy and GameStop in digital asset holdings. ๐ผ๐ฐ
๐ MarketWatch Source
๐ In a bold move, President Trump signed an executive order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, being dubbed the new โDigital Fort Knox.โ ๐บ๐ธ๐
Whatโs unique? Itโll be funded using seized crypto assets โ no burden on taxpayers.
๐ WhiteHouse.gov Source
๐ However, the markets reacted swiftly โ Bitcoin dropped 4.7% following the announcement, reflecting investor uncertainty amid this unprecedented government crypto strategy.
๐ TOI Coverage