Trump’s company is, to his surprise, one of the top holders of Bitcoin.

Trump’s company is, to his surprise, one of the top holders of Bitcoin. It originally appeared thestreet.

Trump Media & Technology Group or TMTG (NASDAQ: DJT) announcement On July 21st, 2 billion worth of additional additions were added. Bitcoin To the Ministry of Corporate Finance.

This incredible move has led media companies to join the elite club of the world’s largest cryptocurrency company holders, mostly owned by President Donald Trump.

TMTG holds 18,430 BTC worth more than $2 billion at the time of writing Follow Bitcointreasurieshas become Bitcoin’s fifth largest publicly traded company holder.

Michael Saylor’s strategy (NASDAQ:MSTR) continues to lead the pack, with $71.2 billion in BTC on its balance sheet. The business intelligence company became a Bitcoin financing company around 2020, and has since become a pioneer of sorts, paving the way for several other companies around the world to embrace Bitcoin’s financial strategy.

Bitcoin mining company Mara Holdings (NASDAQ: MARA) is second on the list, holding $5.86 billion in BTC.

A newly released company that focuses on Bitcoin, twenty one (NASDAQ: XXI), next on this list is BTC holdings $4.36 billion.

Another well-known Bitcoin mining company, Riot Platforms (NASDAQ: RIOT), ranks fourth on the list, holding $2.25 billion in BTC.

Join us for a discussion with Cryptowendyo At the round table here.

The Bitcoin Treasury Department is not the only crypto venture that the Trump family is involved in. Meme Coincipher Funds traded on the exchange (ETF), Crypto mining, Decentralized finance (defi), Impossible tokens (NFTS) – The industry that escaped them simply has no segments.

As president, Trump pursued an aggressive procrypt agenda. However, the first family’s deep involvement with several crypto ventures is I raised my eyebrows From the Democrats.

Bitcoin, which hit a record high of $123,091.61 last week, was trading at $117,175.20 at press time.