Trump Media and Technology Group (TMTG), the firm behind Truth Social, has made a strategic $300 million investment in options related to Bitcoin securities, aiming to benefit from cryptocurrency price swings without owning Bitcoin directly. This derivative-based approach introduces both potential high returns and significant risks. While TMTG already holds extensive Bitcoin assets, this new strategy marks a rare move among public companies. The involvement of Trump and several administration officials in crypto assets raises concerns about conflicts of interest and market influence.
Continue to read Trump Media Invests $300 Million in Bitcoin-Linked Options to Leverage Crypto Volatility
Trump Media and Technology Group (TMTG), the firm behind Truth Social, has made a strategic $300 million investment in options related to Bitcoin securities, aiming to benefit from cryptocurrency price swings without owning Bitcoin directly. This derivative-based approach introduces both potential high returns and significant risks. While TMTG already holds extensive Bitcoin assets, this new strategy marks a rare move among public companies. The involvement of Trump and several administration officials in crypto assets raises concerns about conflicts of interest and market influence.
Continue to read Trump Media Invests $300 Million in Bitcoin-Linked Options to Leverage Crypto Volatility
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