Yesterday we shared the leak and today the crypto currency plan was officially confirmed. Trump Media billions of dollars Bitcoin $109,538.34 (BTC) will make the purchase. Saylor’s company’s strategy began to be copied intensively by public companies, and the number of public companies that follow this strategy next year is expected to be based on 700. But there is a problem.
Trump and Bitcoin Purchase
Trump Media & Technology Group (DJT) announced today that it will collect $ 2.5 billion from 50 corporate customers. 1 billion dollars convertable debt and $ 1.5 billion in stock with the money to sell BTC will be purchased.
Trump Devin Nunes, Chairman of the Media Executive Officer, said;
“We see Bitcoin as a peak tool of financial freedom, and now Trump will keep the crypto currency as an important part of our assets.”
But there is a problem. With the company’s shares announcement, it declined by 10 percent. Apparently, DJT investors were not very pleased with the final decision. Strategy has bought billions of dollars of BTC so far and its total asset has exceeded $ 60 billion. Moreover, thanks to this strategy, the price of MSTR shares exceeded the Dotcom balloon summit.
Corporate Bitcoin demand
Tesla, Strategy and many other public companies TMTG also participates. Before Trump took office Crypto Coins He mentioned that he would take supportive steps. At the point we came today, he himself crypto currency It exports, even adding bitcoin to its reserves. This will enable US -based public companies to show more interest in Bitcoin.
While more companies buy Bitcoin, the BTC supply on the stock exchanges is constantly falling. This situation may enable the price of supply to attract the price to abnormal levels with less BTC ready for sale in the non -remote future.
BTC reserves for 2 respects for public companies are highly profitable. First of all, due to BTC reserves, demands are increasing and their prices are rising. Secondly, the company’s BTC reserve is constantly increasing in the long term with the increase in the price of the spot and BTC offers a much more attractive annual profit opportunity than other investment instruments.
Although DJT investors do not welcome the situation for the time being, the expectation of an increase in stock price in stock price may also lead to a significant increase in Trump’s shares.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
