Trump is Increasing His Cryptocurrency Billionaire Status
Trump Media's Bitcoin assets have approached 2 billion dollars.
Trump Media and Technology Group (TMTG) announced that it holds approximately 2 billion dollars in Bitcoin and related assets.
This amount constitutes about two-thirds of the company's total liquid assets. TMTG shares, traded under the DJT code on Nasdaq, saw an increase of up to 9% as markets opened following this announcement.
U.S. President Donald Trump's shares in the company are valued at approximately 2.3 billion dollars.
Since returning to the White House, Trump has promised to position the U.S. as the "global capital of cryptocurrency."
On Friday, Trump signed the GENIUS Act, a bipartisan bill that expands access to blockchain infrastructure and cryptocurrency payment systems nationwide.
These developments reflect both a political and financial bet on the future of digital currency and solidify Trump's unique position at the intersection of politics, media, and the cryptocurrency markets.
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