$BTC Trump Media's Bitcoin Move:
The SEC has approved Trump Media’s $2.3B Bitcoin Treasury deal, allowing the company to raise funds and purchase BTC, positioning itself as one of the largest public Bitcoin treasuries. Additionally, it has filed for a Truth Social Bitcoin ETF, aiming to provide shareholders with direct exposure to Bitcoin.
💬 This move could potentially drive more mainstream adoption of Bitcoin, yet it also raises political risks in the crypto markets. The involvement of a politically charged figure like Trump may influence investor sentiment and regulatory scrutiny.
👉 What are your thoughts on this development? Will it enhance Bitcoin’s credibility or add more volatility?