Trump Media’s recently announced $400-million buyback plan will not alter its strategy of using $2.3 billion to invest in Bitcoin, according to the company.
The proposed bill from Senator Adam Schiff followed similar legislation in the House of Representatives from Maxine Waters in response to the president’s memecoin dinner.
The company’s CEO described the stock tokenization as a “DeFi Lego block,” suggesting it serves as a foundational piece for decentralized finance adoption.
Roughly 240 companies now hold Bitcoin in their treasuries, nearly doubling from 124 just weeks ago. Combined, they control around 4% of the total BTC […]
Bitcoin price strength gradually returns after multiweek lows as risk assets show overwhelming confidence that a long war in the Middle East will not happen.