#TrumpBTCTreasury
Trump Media and Technology Group (TMTG) has received approval from the U.S. Securities and Exchange Commission (SEC) to establish a Bitcoin treasury worth $2.3 billion. This represents a significant step in the company's strategy to invest in digital currencies.
*Treasury Details*:
- *Value*: $2.3 billion
- *Purpose*: investing in Bitcoin and developing the company’s business
- *Approval*: TMTG received SEC approval on June 13, 2025
*Importance of the Step*:
- *Market Impact*: This step may lead to increased demand for Bitcoin and a positive effect on its price
- *Leadership*: TMTG will be one of the largest public companies investing in Bitcoin
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*Donald Trump's Relationship with Bitcoin*:
- *Wealth Linked to Bitcoin*: Estimates suggest that about 45% of Trump's wealth is linked to Bitcoin
- *Investments*: Trump invests in various digital currency projects, including World Liberty Financial ³