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Trump Media Bets Big on Bitcoin—$2.44B Investment Puts It in the Whale Club
Trump Media Bets Big on Bitcoin—$2.44B Investment Puts It in the Whale Club
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Move over, MicroStrategy—there’s a new contender gunning for the title of corporate Bitcoin kingpin. Trump Media just locked down a jaw-dropping $2.44 billion investment, and rumor has it they’re dumping a hefty chunk straight into BTC. Cue the ’diamond hands’ memes.
Why the crypto splurge? Probably hedging against inflation—or maybe just tired of watching traditional finance fumble with 1% yields. Either way, this isn’t your grandpa’s treasury bond play.
Wall Street analysts are already sharpening their pitchforks (’Volatile assets! Political risk!’). Meanwhile, crypto Twitter’s popping champagne. Place your bets: Will this trigger a boardroom showdown or spark the next corporate BTC buying spree?
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