The "Trump Bitcoin Empire" refers to the growing involvement of the Trump family in the world of cryptocurrencies, especially Bitcoin. Here are some key points about this empire¹ ²:
- *Investment in Bitcoin*: The Trump Media & Technology Group, the company behind Truth Social, invested US$ 2 billion in Bitcoin, as part of a strategy to become a "crypto treasury" focused on BTC.
- *Investment strategy*: The company allocated US$ 300 million to acquire options and securities linked to the crypto market, following an aggressive line similar to that of Strategy.
- *GENIUS Act*: Former President Donald Trump recently signed the GENIUS Act, regulating stablecoins such as USD1, developed in partnership with BitGo and World Liberty Financial.
- *Alternative financial empire*: Trump Media appears to be advancing towards an alternative financial empire, with Bitcoin as an ideological symbol and representative of a break from the traditional system.
The Trump family's involvement in the crypto world has generated excitement in the market, but it also maintains caution about the risks. Trump Media's shares opened up 6% after the announcement of the Bitcoin investment. However, the shares have accumulated a 45% decline for the year, and analysts disagree about the risks of this massive exposure to Bitcoin.
