
Jakarta, Pintu News – Amidst the unprecedented chaos of the crypto market, former US President Donald Trump has surprisingly become one of the largest Bitcoin holders in the world.
Despite the market’s sharp decline, the value of Bitcoin held by Trump has shown remarkable resilience. This engagement marks a significant shift in investment strategies that were previously skeptical of crypto.
According to a Forbes report, Donald Trump’s indirect exposure to Bitcoin (BTC) is now worth around $870 million. This makes him one of the largest investors in the digital asset.
Despite the downturn in the crypto market, the value of Trump’s Bitcoin holdings remains strong, showing resilience and confidence in a long-term investment strategy. This investment was made through Trump Media, which decided to keep Bitcoin (BTC) on its balance sheet.
The move is a strategic shift from being just a social media company to a major player in the crypto market. The adoption of treasury techniques popularized by Michael Saylor of Strategy Inc. marks a new era for Trump Media in the crypto world.
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Previously known as a crypto critic, Trump has now changed course with this new strategy. The decision to invest in Bitcoin (BTC) shows a dramatic shift from his previous skeptical stance. It shows an adaptation and response to the ever-changing market dynamics.
Through Trump Media, Trump has not only invested company funds but also positioned himself as a major influencer in the crypto market. This involvement not only increases the value of the Bitcoin (BTC) he holds but also gives him a greater voice in the global crypto community.
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Trump’s massive exposure to Bitcoin (BTC) adds a new dimension to the latest crypto market turbulence. While billions of dollars of crypto value have been lost in recent days, Trump’s Bitcoin stock has actually increased by around 6% since the purchase by Trump Media. This shows the significant influence that political figures can have on the crypto market.
This involvement also raises questions about potential conflicts of interest and political influence in crypto regulation. However, to date, Trump has shown that his decision to invest in Bitcoin (BTC) was a well-calculated business move.
The story of Donald Trump and Bitcoin (BTC) is a clear example of how political figures can influence and be influenced by the crypto market. With large holdings and a marked change in attitude, Trump has established himself as one of the central figures in the current crypto market narrative. Looking ahead, the eyes of the world will continue to watch how these investments will impact Trump’s portfolio and the crypto market as a whole.
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