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Donald Trump Now Ranks Among America’s Biggest Bitcoin Investors


by Coin Edition
for CoinEdition
Donald Trump reported to hold $870 million in Bitcoin through Trump Media’s corporate treasury.
  • Donald Trump holds an estimated $870 million in Bitcoin, according to Forbes
  • Earlier this year, Trump Media (the media company behind Truth Social) announced plans to stockpile Bitcoin
  • Crypto has become a disproportionately large component of Trump’s net worth

According to the Forbes piece, Donald Trump holds an estimated $870 million in Bitcoin, making him one of the largest individual BTC investors in the United States.

Earlier this year, Trump Media (the media company behind Truth Social) announced plans to stockpile Bitcoin, effectively positioning the US president himself as the largest private BTC holder in the US. In fact, the company took advantage of its very high stock price to raise a large amount of money, selling $1 billion in convertible debt and another $1.4 billion worth of its own shares.

Related: Trump Firm Plans $1 Billion Treasury to Buy an…

Read The Full Article Donald Trump Now Ranks Among America’s Biggest Bitcoin Investors On Coin Edition.

Read the article at CoinEdition

Read More

Crypto Markets Bleed as Trump Escalates Tariff War With China

Crypto Markets Bleed as Trump Escalates Tariff War With China

The cryptocurrency market collapsed after President Donald Trump warned of new tariff...
Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions

Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions

Bitcoin Magazine Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions Bitc...

Donald Trump Now Ranks Among America’s Biggest Bitcoin Investors


by Coin Edition
for CoinEdition
Donald Trump reported to hold $870 million in Bitcoin through Trump Media’s corporate treasury.
  • Donald Trump holds an estimated $870 million in Bitcoin, according to Forbes
  • Earlier this year, Trump Media (the media company behind Truth Social) announced plans to stockpile Bitcoin
  • Crypto has become a disproportionately large component of Trump’s net worth

According to the Forbes piece, Donald Trump holds an estimated $870 million in Bitcoin, making him one of the largest individual BTC investors in the United States.

Earlier this year, Trump Media (the media company behind Truth Social) announced plans to stockpile Bitcoin, effectively positioning the US president himself as the largest private BTC holder in the US. In fact, the company took advantage of its very high stock price to raise a large amount of money, selling $1 billion in convertible debt and another $1.4 billion worth of its own shares.

Related: Trump Firm Plans $1 Billion Treasury to Buy an…

Read The Full Article Donald Trump Now Ranks Among America’s Biggest Bitcoin Investors On Coin Edition.

Read the article at CoinEdition

Read More

Crypto Markets Bleed as Trump Escalates Tariff War With China

Crypto Markets Bleed as Trump Escalates Tariff War With China

The cryptocurrency market collapsed after President Donald Trump warned of new tariff...
Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions

Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions

Bitcoin Magazine Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions Bitc...