White House A.I. and Crypto Czar David Sacks discusses the ‘Winning the AI Race’ summit, how the U.S. can be the leader on the technology and the signing of the GENIUS Act into law.
President Donald Trump’s media and technology company is betting big on bitcoin.
On Monday, Trump Media and Technology Group announced that the company has accumulated about $2 billion in bitcoin and bitcoin-related securities.
The new bitcoin holdings now make up about two-thirds of Trump Media’s total liquid assets, worth approximately $3 billion, it announced in a press release.
“We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan. These assets help ensure our Company’s financial freedom, help protect us against discrimination by financial institutions, and will create synergies with the utility token we’re planning to introduce across the Truth Social ecosphere,” Trump Media President…
