🚨 TRUMP MEDIA EXPANDS ITS BITCOIN HOLDINGS! ₿
Trump Media's Q3 report reveals that the company acquired 4,359 BTC using proceeds from selling some of its IBIT shares.
🟠 Total Bitcoin holdings have reached 15,649 BTC.
However, a large portion of its Bitcoin is pledged to yield programs and debt-related collateral.
CEO Kevin McGurn says the company wants to preserve as much Bitcoin as possible.
📊 My Take: Trump Media is turning Bitcoin into a major part of its treasury strategy. This shows strong institutional interest, but collateral commitments and counterparty risks deserve attention.
🔥 Is Trump Media making a long-term Bitcoin bet?
$BTC
#Bitcoin #BTC #TrumpMedia #CryptoNews #InstitutionalAdoption
Trump Media's Q3 report reveals that the company acquired 4,359 BTC using proceeds from selling some of its IBIT shares.
🟠 Total Bitcoin holdings have reached 15,649 BTC.
However, a large portion of its Bitcoin is pledged to yield programs and debt-related collateral.
CEO Kevin McGurn says the company wants to preserve as much Bitcoin as possible.
📊 My Take: Trump Media is turning Bitcoin into a major part of its treasury strategy. This shows strong institutional interest, but collateral commitments and counterparty risks deserve attention.
🔥 Is Trump Media making a long-term Bitcoin bet?
$BTC
#Bitcoin #BTC #TrumpMedia #CryptoNews #InstitutionalAdoption
