Trump Media’s $2.5B Bitcoin Bet Sends BTC Soaring Past $110K
Trump Media just dropped a bombshell—announcing a $2.5 billion Bitcoin treasury allocation. Markets reacted instantly, catapulting BTC past the $110K barrier. Wall Street analysts are scrambling to update their ’this time it’s different’ PowerPoints.
The move signals a seismic shift in corporate crypto adoption—even political juggernauts are now hedging against fiat with digital gold. Meanwhile, traditional finance pundits insist it’s just a ’short-term speculative play’ while quietly recalculating their own portfolios.
- After Trump Media announced its $2.5B investment in Bitcoin, BTC rose sharply to pass $110,000.
- The move highlights that many companies are now willing to turn to Bitcoin as a treasury asset.
- Optimistic patterns found in technical indicators mean the market may see higher prices.
When Trump Media made a new announcement concerning Bitcoin, its price broke out to $110,000. According to the company, $2.5 billion worth of Bitcoin has just been added to its treasury reserves. This shows that companies might now consider Bitcoin an important factor in their financial plans.
Source: X @CryptoRank_io
The company will receive $1.5 billion in common stock and another $1 billion in convertible notes. bitcoin held by Trump Media will be kept securely by two large crypto custodians—Crypto.com and Anchorage.
The company will treat the cryptocurrency much like cash and conventional assets, signaling a higher level of trust in the virtual currency.
Bitcoin Sees an Increase Shortly After Treasury Deal
Within hours of the news, BTC ROSE sharply in value. A chart on the CryptoRank.io website revealed that the crypto’s worth began to rise fast, from 13:00 UTC on May 27, reaching about $109,400 upward to $110,399 within just minutes.
This jump demonstrates how traders responded to the news as they hope more institutions will adopt Bitcoin.
Lower Volatility in Prices May Bring in New Institutions
Bitcoin had been rallying strongly on Bitstamp’s chart before the news was announced. Over the past month, buyers have taken control as the price keeps going up steadily.
Source: TradingView
With RSI at 67, the market is starting to look overbought, yet the positive trend remains strong. Analysts also noted that bullish momentum is strong, as indicated by the MACD line, which is currently above the signal line.
Recent interest in buying has kept volume levels steady, and today, volume is likely being driven higher by this news. Indicators point to the market being ready for an increase, and when the TRUMP Media announcement came, BTC’s price surged even more.
Since BTC is now worth over $110,000, the latest gain might encourage more big companies and investors to add this top digital asset to their investment portfolio.
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