#TrumpBitcoinEmpire
Here’s the latest on Trump’s emerging “Bitcoin (and broader crypto) Empire”:
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🏛️ Trump Media & Technology Group (TMTG) — Crypto Treasury Strategy
Recent move: On July 21, 2025, TMTG (parent of Truth Social) announced a $2 billion acquisition of Bitcoin and related securities, financed through $1.5 billion in equity and $1 billion in convertible bonds .
Purpose: Motivated by financial independence from traditional banking, crypto diversification, and backing a proprietary utility token for Truth Social .
Next steps: Includes a $300 million allocation to Bitcoin options, with plans to convert to spot BTC later .
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🧱 Crypto Legislation — GENIUS Act & More
July 18: Trump signed the GENIUS Act, establishing the first U.S. regulatory framework for stablecoins. Notably, it does not bar the President or his family from profiting via such tokens .
