#TrumpBTCTreasury La **SEC approved** the treasury agreement of **Trump Media's Bitcoin** (valued at $2.3B), allowing the company to buy BTC and become one of the largest public treasuries holding the asset. Additionally, it submitted an application for a **Truth Social-linked Bitcoin ETF**, seeking to offer direct exposure to BTC to its shareholders.

### **📌 Key Implications**

✅ **Institutional adoption**: Joining companies like MicroStrategy reinforces the narrative of **BTC as a corporate store of value**.

✅ **Financial innovation**: A thematic ETF (Truth Social + BTC) could attract new conservative investors.

⚠️ **Political risk**: The association of BTC with polarizing figures like Trump could create regulatory division (e.g., if the administration in the U.S. changes).