Trump Media Buys $2 Billion in Bitcoin, BTC Securities for Treasury
The company, which owns the Truth Social social media platform and has struggled financially, joins a growing number of companies to create Bitcoin treasuries.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Solana rallies to $120, boosting treasury stocks of Solana Company and others
Corporate balance sheets heavily reliant on SOL face significant risk of volatility, potentially leading to financial instability...
NYSE is assembling the pipes for a $5.5 trillion tokenized asset market
NYSE is adding Blockchain.com as a prospective gateway to its planned round-the-clock market for tokenized US stocks. Blockchain.c...
Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit
Ondo Finance launched three on-chain portfolio tokens on Sept. 24 using investment strategies BlackRock developed for the company....
Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale...
Who is Ronald Spektor? New York Coinbase Scam Mastermind That Stole $15.9M
Everyone is asking the same question today. ‘Who is Ronald Spektor?’ Spektor, 23, of Sheepshead Bay, Brooklyn, was sentenced on Se...
Grayscale’s Zcash ETF Hits $1 Billion but Most of It Isn’t New Money
Grayscale says its Zcash exchange-traded fund (ETF) has passed $1 billion in assets one month after listing, but its flow data sho...