- Trump Media plans to buy more than $ 2.5 billion in Bitcoin.
- DRW Investments and Jane Street supported TMTG with 475 million dollars combined.
- The SEC approved TMTG’s issue of shares, by enlightening its cryptographic capital increase.
Trump Media & Technology Group (TMTG), the media company linked to former American president Donald Trump, makes the headlines in the world of cryptographic finance. TMTG has announced its intention to buy more than $ 2.5 billion in Bitcoin, positioning itself as one of the largest holders of potential digital assets. The decision comes just a few weeks after American regulators have closed an investigation into DRW Investments, one of the main players behind funding.
DRW based in Chicago Investment took the lead in this unprecedented decision, side $ 100 million In the media group linked to Trump in exchange for 4 million shares. Founded by experienced merchant Don Wilson, DRW has been active on cryptographic markets for more than a decade and has been treating Bitcoin as a long -term business asset. This investment reflects DRW’s continuous belief in Bitcoin’s strategic role in business balance sheets and marks significant approval in TMTG cryptographic ambitions.
The story has obtained a new traction when Jane Street, an eminent Wall Street trading company, has acquired a participation of $ 375 million in TMTG, making it the biggest investor to date. According to For reports, more institutional investors are preparing to follow suit, helping the media company to reach its ambitious fundraising objective of 2.5 billion dollars. If it is fully achieved, TMTG acquires around 140,000 BTC at current market prices, placing it among the largest Bitcoin relaxation companies in the world.
At the time of writing the editorial staff, Bitcoin is negotiated at $ 10,992 with a negotiation volume of 24 hours of $ 48.57 billion and a market capitalization of $ 2.09 t. The price of the BTC increased by 0.16% in the last 24 hours.
The dry erases the Trump media for crypto push
Friday, June 13, the American Commission for Securities and Exchange (SEC) approved The TMTG registration declaration, allowing the company to issue 56 million new shares and 29 million convertible tickets. This green light officially authorizes the TMTG to start its capital increase while placing the company under the current regulatory monitoring of the SEC. The moment of this approval is essential, aligning closely with the active push of TMTG in cryptographic finance.
Meanwhile, DRW also disputes the current American regulatory structure. In a public statement, the cabinet suggested that agencies such as the SEC and the Commodity Futures Trading Commission (CFTC) are no longer aligned at the rate of global financial innovation. The call for reform reflects growing frustration in the cryptography sector on obsolete regulatory frameworks.
In particular, the DRW crypto subsidiary, Cumberland, previously acquired 70,000 BTC during an US auction of the Silk Road Road, now estimated at around $ 7.7 billion. This assessment adds weight to DRW’s position and underlines its influence on the digital asset market.
TMTG’s massive Bitcoin bet reflects movements made by societies such as microstrategy but with additional political and media dimensions. In the event of success, the acquisition could transform the TMTG into a force majeure in the space of digital assets, blurring the boundaries between the media, politics and cryptographic finance. As the institutional interest in Bitcoin increases, the high challenge bet of Trump Media could be a decisive moment in the evolution of the relationship between Wall Street and digital currency.
Related | Capture ecological dividends in the midst of the volatility of Ethereum (ETH): BJ Mining becomes a new point of support for stable yields in 2025
