#TrumpBitcoinEmpire & IIL ko
#TrumpBitcoinEmpire 3 at the time of election
President Trump's in November, the price of bitcoin sharply increased. On election day 2024, one bitcoin was trading below $75,000.
Last week, bitcoin reached an all-time high of over $123,000.
This is not a coincidence. Trump systematically
used presidential power to
promote bitcoin and other cryptocurrencies.
On Monday, Trump Media & Technology Group
(TMTG), a public company majority-owned by Trump, announced the acquisition of bitcoins worth $2 billion. Trump is transforming a struggling media company into a bitcoin holding company. TMTG, the parent company of Truth
Social, lost over $185 million with revenue of only $3.6 million in 2024.
TMTG is mimicking the strategy initiated
by Microstrategy. The company, now known as
Strategy, officially sells software and other technology services, but is actually engaged in buying bitcoins. (Strateav and similar companies. to