đșđžBREAKING: TRUMP MEDIA GOES ALL-IN ON BITCOIN | $2.5B TREASURY DEAL
Trump Media just dropped a $2.5B crypto play, raising funds to build one of the largest Bitcoin treasuries ever by a public company.
The pitch? Hedge against fiat risk. Sidestep banks.
Align with Trumpâs "America First" crypto push.
Backers include ~50 institutional investors.
This follows Trumpâs executive order creating a U.S. Bitcoin reserve; a full pivot from calling crypto âthin airâ in 2019 to now pushing BTC as national strategy.
Markets liked it: Bitcoin jumped 1.5% on the news.
Critics smell volatility, conflict of interest... and a potential memecoin empire with national backing.
Source: TMTG, Reuters
Media: Cointelegraph