#TrumpBTCTreasury
Wow… Trump Media just got SEC approval for a $2.3B Bitcoin Treasury deal 👀
They’re planning to raise funds to buy BTC — which could make them one of the biggest public holders of Bitcoin.
And now they’ve even filed for a Truth Social Bitcoin ETF to give shareholders direct exposure to BTC. Wild move.
💭 Personally, I think this could go two ways:
On one hand, it might push Bitcoin even more into the mainstream — corporate treasuries stacking BTC, ETFs making it easier for retail, etc.
But on the flip side, this could seriously politicize crypto. If BTC becomes tied to a specific political brand (especially a polarizing one), it might actually hurt adoption in the long run or trigger more regulatory drama.