Trump Media Makes $2.3B Bitcoin Bet—Files SEC Form S-3 for Crypto Treasury Play
Another day, another corporate treasury diving headfirst into crypto—this time with a political twist. Trump Media just dropped its SEC Form S-3, signaling plans to raise a whopping $2.3 billion earmarked for Bitcoin holdings. Because nothing says 'hedge against inflation' like a volatile asset backed by meme-worthy tweets.
The move? Either a masterstroke or a Hail Mary pass for relevance in the digital age. Wall Street analysts are already placing bets on whether this'll pump Trump's net worth—or become the next cautionary tale in corporate crypto gambles. Either way, the SEC's inbox just got more interesting.
Pro tip for shareholders: maybe don't check the Bitcoin price before your morning coffee. And remember—when mixing politics and crypto, the only guarantee is volatility (and probably some fireworks).