Trump Media's move to allocate $2.3 billion to Bitcoin, which has received SEC approval, could be a historic moment for the crypto world. If truly executed, this could make them one of the largest public BTC treasury holders, potentially surpassing MicroStrategy. Moreover, with plans for a Bitcoin ETF for Truth Social, they seem to want to make BTC not just an asset but also a political and media identity.

From the adoption side, this could open the gates to broader public trust—especially among conservatives or those who have been skeptical of crypto. When major figures like Trump openly support BTC, it can certainly change perceptions.

However, behind this there are risks. Political involvement in large BTC holdings could create new volatility—not from the market, but from political conflicts or agendas. If crypto begins to be used as a campaign tool or propaganda, the effects could be wild and difficult to control.