Donald Trump’s company will create a $ 2.5 billion bitcoin reserve

The Trump Media and Technology Group, a media company associated with the 45th President of the United States Donald Trump, has announced its intention to invest $ 2.5 billion in bitcoin BTC $107,601.68 Bitcoin -2.47% Market capitalization $2.14 trillion VOL. 24 hours $1.7 billion . The company, which owns the Truth Social social network, has already signed agreements with about 50 institutional investors to finance the deal.

The transaction will be financed through the issuance of $ 1.5 billion in shares and $ 1 billion in zero-interest convertible bonds. The company’s CEO Devin Nunes called BTC «the ultimate instrument of financial freedom» and noted that this purchase is a strategic step in combating financial discrimination faced by both American citizens and businesses.

Trump Media believes that this investment will strengthen the company’s financial independence and open up new opportunities, including the subscription function, the creation of a utility token, and the development of the Truth platform. At the same time, the company announced its ambitions to transform into a holding company that will invest in profitable assets focused on America First principles.

At the time of the news publication, the bitcoin rate is hovering around $ 109,002, which is almost 2.5% higher than a week ago and 16% higher than the monthly figure. Last week, the cryptocurrency updated its historical high of $ 111,814.

Trump Media’s investment move has resonated with the crypto market and may strengthen the trend of institutional interest in bitcoin as an alternative reserve asset. It is expected that such examples will encourage other companies to reconsider their capital preservation strategy in the face of global economic instability.