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Fx-james-dc-trader

3 minutes ago

115k incoming

crazy25000

10 minutes ago

crypto market turned into political clown show.

keen_analyst_henry

11 minutes ago

SEC Cleared the Way in June
The company has received approval from the U.S. Securities and Exchange Commission (SEC) on June 6, when Trump Media filed Form S-3. The filing allows Trump Media to register for the resale of shares to fund its digital asset strategy. The company raised $2.3 billion from 50 investors by selling 56 million shares of common stock and 29 million convertible bonds.
The SEC’s approval gives Trump Media the power to build one of the largest Bitcoin treasuries held by a public company. The approval also provides the company with flexibility to implement other strategies.
In a related development, Michael Saylor’s firm purchased 6,220 bitcoins worth over $734 million, adding to the 4,225 bitcoins it purchased on July 14. According to SaylorTracker, the firm now holds 607,770 bitcoins worth over $71.87 billion, with unrealized gains of $28.2 billion.

keen_analyst_henry

13 minutes ago

Trump Media Confirms $2 Billion Bitcoin Holdings After SEC Approval

Donald Trump’s Trump Media and Technology Group announced that it now holds $2 billion in Bitcoin and BTC-related securities, a massive allocation that accounts for two-thirds of the company’s $3 billion in liquid assets.
The company also set aside an additional $300 million to purchase Bitcoin-related options, the company said in a press statement. Management said these options may be converted into Bitcoin based on market conditions.