Trump’s Bitcoin Empire? $2.2B Crypto Push Stirs Political Controversy

Trumps Crypto Law Could Kill Decentralized Stablecoins.webp


President Donald Trump’s social media company, Trump Media and Technology Group, recently invested $300 million into a Bitcoin-related asset. The company now holds about $2.2 billion worth of crypto. 

In May, the TMTG announced that it is planning to raise $2.5 billion to buy Bitcoin to create a crypto reserve. The Trump Media CEO Devin Nunes said the purchase is part of the company’s “Bitcoin Treasury Plan”. 

Nunes said, “We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan.” 



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