#TrumpBTCTreasury

Trump Media & Technology Group (TMTG) ๐Ÿ“ฑ, the company behind the social network Truth Social and partially owned by Donald Trump ๐Ÿ‡บ๐Ÿ‡ธ, has received official approval from the U.S. Securities and Exchange Commission (SEC) โœ… to create a Bitcoin treasury worth up to $2.3 billion ๐Ÿ’ฐ.

In practice, this means the company can hold part of its assets in Bitcoin โ‚ฟ, similar to what some other tech firms are doing ๐Ÿ–ฅ๏ธ. This move is seen as a show of support for cryptocurrencies ๐Ÿš€, and possibly as preparation for a greater role of Bitcoin in the U.S. economy โ€” especially if Trump returns to office again ๐Ÿ—ณ๏ธ.