Trump: manovra da 3$ miliardi in Bitcoin

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According to the latest rumors, the company behind Truth Social, Trump Media & Technology Group (TMTG), would be carrying out a collection of almost 3 billion dollars to invest in Crypto, mainly in Bitcoin. This was revealed by the Financial Times, which outlines a picture in which 1 billion dollars should be recovered through convertible bonds and the remaining 2 billion in equity.

TMTG shouts at fake news

The reaction was almost immediate by Trump Media, who responded to these rumors, defining realities such as the Financial Times and Fake News carriers.

Interestingly, at the moment, from the White House, no comment has arrived about it. At the same time, funds and acquisitions are being sold by the company with the aim of going into the Fintech reality.

It is also curious to note that only during the month that has just ended, Trump Media has signed an agreement for a new line of retail financial products, including ETF, to be launched on the market. A move that continues on the lines of the “America First” vision carried forward by Donald Trump.

Dinner with profit

This news comes a few days after a very exclusive dinner hosted by Trump at his Golf Club near Washington. But who were the diners? Almost 220 among the main $ Trump investors, the Coin meme born in the period immediately preceding the Trump settlement to the White House.

Obviously, controversy and harsh criticisms, the movements of the demonstrators have protested, through some sharp slogans such as “No to the kings” and “stop to Crypto corruption”. In the queue, the senator of the Democratic Party Elizabeth Warren at the press conference spent a few words about the dinner, defining the event as “a corruption orgy”.

The conflict of interest that connects personal investments and conflict of interest is the key theme of the story, a node difficult to dissolve and that makes the waters of public opinion more agitated.

The Crypto ecosystem in the Trump family

Net of the declaration, we know well that the Trump family is linked with a double wire with the cryptocurrency market: Eric Trump and Donald JR are involved in the new mining project in collaboration with Hut 8 which takes the name of American Bitcoin. In addition, family members are present and very active in the Crypto events, including one also appears this week that sees JD Vance as speaker and vice president.

Currently, the memecoin $ Trump is in the declining phase, however, going down -19% and arresting itself, net of the hype post event, at 12.71 $. Diametrically opposite is the position of Bitcoin instead of in the last month has enjoyed a rise of +15%, reaching the $ 109,400.

To close

TMTG looks like the vector chosen by Trump to create a financial machine in the 3 billion dollar Crypto market. Yet this move raises more doubts than certainties, between accusations of conflict of interest and corruption. The Crypto market, we know, rewards the bold and although Trump confirms himself again the protagonist of the scene, this time the stakes seem to be much higher and risky than simple trading.

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