Trump Media and Technology Group, the parent company of Truth Social, revealed that it collected around $ 2 billion in Bitcoin (BTC) and associated digital assets, which expanded on an earlier this year that was announced earlier this year.
The company’s application On July 21, after the American House of Representatives, a trio of Crypto accounts had advanced, including a Stablecoin framework that was signed by President Donald Trump in the law.
The media company said it started with the acquisition of Bitcoin using the revenue of $ 2.5 billion in recent fundraising, including $ 1.5 billion in stock sales and $ 1 billion in bonds.
The disclosure indicates a more assertive approach to Trump-released companies in utilizing a favorable crypto policy momentum. The company stated that the bitcoin and similar assets can continue to buy, depending on broader market conditions.
The announcement followed what Republicans called in the ‘Crypto Week’ congress. While the new law establishes rules for digital digital tokens in the US, additional proposals that relate to crypto-trading infrastructure and digital currencies issued by the central bank.
Bitcoin traded shortly above the week in the week before he withdrew to around $ 116,600 from the moment of the press. The recent meeting of the token was accompanied by an increased activity in digital assets that are connected to the personal brand of Trump.
World Liberty Financial, a Stablecoin platform with connections with the Trump family, saw his board Token WLFI in the past week more than double the value after a vote that made secondary market trade possible.
Trump issued the Mijlpaal Executive order to set up a strategic Bitcoin reserve, a federal stock of digital assets, in March.
Although early analysis suggested that the reserve could consist of Crypto seized by the law enforcement, recent statements by high officials have passed on on broader approaches, including generating income with slumbering government assets.
With legislative support and market signals that are tuned, the Bitcoin bet of the media company reflects a wider push from Trump-linked entities to put themselves first in the forefront of the digital assets economy.
Bitcoin -Market data
At the time of press 9.25 pm UTC on July 21, 2025Bitcoin is on the market capitalization market and the price is down 0.92% In the last 24 hours. Bitcoin has a market capitalization of $ 2.33 trillion With a trade volume of 24 hours $ 73.25 billion. More information about Bitcoin ›
Summary of the Cryptomarkt
At the time of press 9.25 pm UTC on July 21, 2025The total crypto market is appreciated at $ 3.9 trillion With a volume of 24 hours $ 211.79 billion. Bitcoin Dominance is currently up 59.71%. More information about the Cryptomarkt ›
