Summary
- Trump Media & Technology Group announced that it has invested $300 million in Bitcoin-related options trading.
- Bloomberg evaluated that President Trump is pursuing a strategy to profit from price fluctuations caused by social media posts.
- An expert expressed concern that Trump's financial interests could pose a risk to the entire virtual asset industry.
Trump Media & Technology Group (Trump Media & Technology Group), led by President Donald Trump, has reportedly invested $300 million in Bitcoin (BTC) related options trading.
According to Bloomberg on the 28th (Korea time), Trump Media recently announced that it has allocated $300 million for a strategy to acquire options on Bitcoin-related securities. The specific details regarding these options have not been disclosed.
Bloomberg assessed, "President Trump is seeking to profit from sharp price fluctuations caused by his social media posts."
Nick Carter, the CEO of Castle Island Ventures, stated, "I supported Trump, but his financial interests could be detrimental to the industry as a whole," and expressed concern that the virtual asset (cryptocurrency) industry may be consumed politically, considering the risks of political retaliation.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
