#TrumpBTCTreasury The TMTG deal to create a $2.3 billion Bitcoin treasury, approved by the SEC, underscores the company's strategic shift towards cryptocurrencies and financial services. This is part of a broader trend of institutional adoption of Bitcoin, but also reflects the political and business strategy associated with Donald Trump. Despite the potential for BTC price growth and strengthening TMTG's position, the deal is fraught with financial, regulatory, and ethical risks. Further developments, including the launch of an ETF and actual BTC purchases, will be key to assessing its success.