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Trump Media buys $2 billion in bitcoin as it pursues crypto treasury strategy

Trump Media, which owns the Truth Social app, announced in May that it planned to raise $2.5 billion to buy bitcoin, with the goal of creating a reserve of the cryptocurrency. The $2 billion bitcoin purchase is part of the company's "bitcoin treasury plan," Trump Media CEO Devin Nunes said in a news release on Monday.

Insider on MSN · 21h

Trump's media company just announced a $2 billion bitcoin buy as it cashes in on the popular crypto treasury strategy

Trump Media said in May that it would pile up bitcoin as it pursued a crypto treasury strategy. It's announcement on Monday sent DJT stock higher.

CNBC on MSN · 21h

Trump Media builds $2 billion bitcoin hoard, as cryptocurrency swells president's net worth

Trump Media and Technology Group said it has accumulated roughly $2 billion in bitcoin and related assets, totaling about two-thirds of its total liquid assets. Shares of TMTG, which trades on the Nasdaq as DJT,

15hon MSN

Trump's company is shockingly one of the top holders of Bitcoin

With this surprising move, the media company, majority-owned by President Donald Trump, has joined the elite club of the ...

Cryptopolitan on MSN2h

The Trump administration's crypto report is due today, but it may not arrive

The crypto industry awaits the White House Digital Asset report after Donald Trump sparked some policy blitz with the “Crypto Week.” Reports suggest that the report, which is officially due to be ...

6hon MSN

Bitcoin Price, XRP Drop. What’s Hitting the Crypto Sector.

Bitcoin has dropped back from its record high of more than $123,000 and weakness looked to be spreading to XRP and Ether.

‘Stronger, Bigger, Better’—Trump Issues Huge Prediction For $4 Trillion Crypto Amid Bitcoin, Ethereum And XRP Price Boom

U.S. president Donald Trump has predicted a “golden age” will make crypto and the U.S. dollar “stronger and bigger and better ...

3don MSN

Trump signs 1st major federal cryptocurrency bill into law

President Donald Trump on Friday signed the first major federal law governing cryptocurrency, a business that Trump's family ...

The Currency Analytics3d

Trump’s New Order Set to Unlock $9 Trillion Retirement Market for Bitcoin

Trump's crypto policy allows the $9T US retirement market to invest in Bitcoin, expanding 401k options and boosting ...

3don MSN

Ether And Bitcoin Score Biggest ‘Crypto Week’ Surges As Trump Signs Stablecoin Bill

House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.” ...

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