#TrumpBitcoinEmpire
📰 Trump Media & Technology Group buys $2 billion in Bitcoin
TMTG, Trump’s media firm behind Truth Social, announced on July 21 an acquisition of $2 billion in Bitcoin (two-thirds of its liquid assets), plus $300 million in bitcoin-related options .
The stated goal is to financially insulate the company, build crypto assets for upcoming utility tokens, and shield against potential banking discrimination .
This news boosted TMTG stock ~5% in pre-market trading .
🏛 Trump signed key crypto laws
On July 18, Trump signed the GENIUS Act, creating U.S. stablecoin regulations and bolstering industry legitimacy .
As part of his March executive order, he established a “Strategic Bitcoin Reserve”—the U.S. now holds an estimated 200,000 BTC in its federal stockpile .