Trump Media Confirms Its Crypto Shift With $2 Billion In Bitcoin
7h05 ▪
3
min read ▪ by
Trump Media strikes hard. The group behind Truth Social formalizes the conversion of 2 billion dollars of its treasury into bitcoin and derivatives. With this announcement, the company shows an aggressive strategy to diversify its liquidity while preparing the integration of a utility token into its digital ecosystem.
In Brief
- Trump Media invested 2 billion dollars in bitcoin, nearly 67% of its treasury.
- The group is preparing a utility token, a FinTech platform, and Web3 services…
