$BTC unknown in the cryptocurrency market and the US Treasury holds a large portion of Bitcoin and then moves to other cryptocurrencies, we are in dark waters and a deep bottom where we do not know what lies in its depths. The Securities and Exchange Commission has approved a $2.3 billion Bitcoin treasury deal for Trump Media — allowing the company to raise funds and buy Bitcoin, becoming one of the largest public Bitcoin treasuries. It has also filed for a Bitcoin exchange-traded fund for Truth Social, aimed at giving shareholders direct exposure to Bitcoin.

💬 Could the Bitcoin payment to Trump Media lead to more widespread adoption, or increase political risks in cryptocurrency markets?