BREAKING: Trump-Linked TMTG Drops $300M Bitcoin Options Bet – Crypto Markets Roar
Trump Media & Technology Group just made a seismic move into crypto—plowing $300 million into Bitcoin derivatives. Here's why Wall Street's sweating.
The Play: High-Stakes Bitcoin Gambit
TMTG's options buy marks the largest single crypto investment by any Trump-affiliated entity. No hedging—this is a directional bet on volatility.
Market Impact: Whales Take Notice
BTC price jumped 4% post-announcement as traders speculated about follow-on demand. OI in CME options surged 18% in 3 hours.
The Cynic's Take
Because nothing screams 'stable store of value' like a nine-figure punt by a SPAC that still runs on meme energy. Your move, Jamie Dimon.