Trump Media Drops $300M on Bitcoin Options—Ethical Storm Brews
Trump Media just made a $300 million bet on Bitcoin derivatives—and Washington's hypocrisy detectors are buzzing. The move blurs political, financial, and crypto agendas, sparking instant backlash.
Conflicts or calculated play?
Insiders whisper this could be a hedge against inflation—or just another case of politicians playing with other people's money while preaching fiscal responsibility. The timing? Suspiciously close to key regulatory votes on digital asset oversight.
One thing's clear: When DC and crypto collide, someone's getting rich—and it's rarely retail investors.
Trump’s crypto influence, timing, and ethical questions
Trump Media already holds about $2 billion in bitcoin and related assets as part of its treasury strategy. That figure makes up roughly two-thirds of the company’s liquid holdings. By adding options, the company could gain even more if prices rise, though options also carry the risk of expiring worthless.
Analysts warn that Trump’s political role and his ability to affect market sentiment through public statements could create blurred lines between personal interest and policy. “Timing and price factors that do not exist just by having underlying assets will be added,” said Steve Sosnick, chief strategist at Interactive Brokers.
White House spokesperson Seth Fields said in an email to Bloomberg that President TRUMP “has never been involved in conflicts of interest and will never be involved.” Still, others in the industry remain cautious. Nick Carter of Castle Island Ventures said Trump’s dual roles in politics and crypto-linked businesses could lead to market distortions.
Trump Media’s crypto activity supports a broader pro-crypto push that includes recent legislation like the GENIUS Act and an executive order to build a national Bitcoin reserve. But the company’s growing exposure, and its use of derivatives, puts it in a rare position among publicly traded firms.