Trump Media Group buys Bitcoin $BTC worth $2 billion to build a cryptocurrency reserve! ๐Ÿ’ฐ๐Ÿš€

The Trump Media and Technology Group, owned by President Trump, announced that it has purchased nearly $2 billion in Bitcoin and related securities as part of its transformation into an investment company. ๐Ÿ’ผโœจ

The owner of the "Truth Social" app announced its intention to raise $2.5 billion to buy Bitcoin, aiming to build a reserve of the digital currency $BTC . ๐Ÿ’ฒโ‚ฟ Devin Nunes, CEO of Trump Media, stated in a statement that the purchase of Bitcoin $BTC worth $1 billion is part of the company's "Bitcoin Treasury Plan." ๐Ÿ”๐Ÿ“Š

This comes at a time when Trump Media has launched a range of investment products, including the sale of exchange-traded funds (ETFs). ๐Ÿ“ˆ Exchange-Traded Fund

Nunes stated in a statement that the purchase of Bitcoin "will help ensure our company's financial freedom, protect us from discrimination by financial institutions, and create synergy with the service token we plan to offer through the Truth Social platform." ๐Ÿ›ก๏ธ๐Ÿค

Source: CBS News. ๐Ÿ“ฐ