#TrumpBTCTreasury
Trump's Bitcoin treasury refers to two distinct initiatives :
- Trump Media's Bitcoin Treasury: Trump Media and Technology Group, the parent company of Truth Social, has received approval from the US Securities and Exchange Commission (SEC) to establish a $2.3 billion Bitcoin treasury. This move allows the company to use funds raised from 50 investors to purchase Bitcoin, with CEO Devin Nunes stating that Bitcoin is an "apex instrument of financial freedom".
- Strategic Bitcoin Reserve: President Donald Trump has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which will treat Bitcoin as a reserve asset. The reserve will be capitalized with Bitcoin forfeited through criminal or civil asset forfeiture proceedings, and the government will not sell Bitcoin deposited into this reserve.
Additionally, Trump Media has filed to launch a spot Bitcoin exchange-traded fund (ETF), aiming to offer traditional investors alternative access to Bitcoin. The company's vision is to aggressively improve its offerings and capabilities, including its Bitcoin treasury, to transform into an indispensable company for the expanding customer base of the "Patriot Economy".