Blockchain

Trump Media’s Bitcoin Treasury Hits $2 Billion, Plans More Buys as DJT Jumps 6.5%

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Trump Media and Technology Group Corp, the company behind Truth Social, Truth+, and Truth. Fi, has announced that it has invested about $2 billion in Bitcoin and related securities. This equals to roughly 17,000 BTC at current prices, which marks a bold step in its ongoing Bitcoin treasury strategy.

Trump Media Eyes More Crypto Buys Ahead

This massive crypto stash now makes up about two-thirds of the company’s $3 billion in liquid assets. In addition to this, Trump Media has also put aside around $300 million to buy bitcoin options. The company plans…

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