Trump Media Targets Bitcoin ETFs with "America First" Vision

07.02.2025 33 times read 0 Comments

Trump Media Ventures into Bitcoin and US Industries

Trump Media & Technology Group Corp has filed for trademarks targeting investment products, including a Bitcoin ETF, as well as ETFs focused on U.S. industries. According to Reuters, the company is exploring ways to differentiate its offerings under the "Truth.Fi" brand, which includes the "Truth.Fi Bitcoin Plus ETF," "Truth.Fi Made in America ETF," and "Truth.Fi Energy Independence ETF." CEO Devin Nunes stated that the company aims to align its products with "America First" principles. The launch of these ETFs is planned for 2025, though specific details about their components remain undisclosed. For more information, visit Reuters at https://www.reuters.com/technology/trump-media-files-trademark-investment-products-targeting-bitcoin-us-industries-2025-02-06/.

MicroStrategy Rebrands as Strategy, Accelerates Bitcoin Purchases

MicroStrategy, now rebranded as "Strategy," has announced a significant acceleration in its Bitcoin acquisition strategy. CNBC reports that the company acquired 218,887 bitcoins for $20.5 billion in the fourth quarter of 2024, bringing its total holdings to 471,107 bitcoins. The company has also raised $16.7 billion in equity and $3.6 billion in fixed income securities as part of its $42 billion capital plan. Strategy's new name and logo reflect its focus on Bitcoin, with CEO Phong Le emphasizing the company's commitment to enhancing shareholder value. For further details, visit CNBC at https://www.cnbc.com/2025/02/05/microstrategy-unveils-new-name-reports-accelerated-bitcoin-purchases-in-fourth-quarter.html.

Banks Eye Bitcoin as Trump Opens the Door

According to Barron's, banks are increasingly positioning themselves to engage with Bitcoin and other digital assets, a shift that could reshape the financial landscape. The report highlights how regulatory changes under the Trump administration may facilitate greater involvement by major financial institutions in the cryptocurrency market. This marks a departure from previous years when banks largely avoided the sector. For more insights, visit Barron's at https://www.barrons.com/articles/bitcoin-trump-crypto-banks-d6de3352.

Tysons-Based MicroStrategy Becomes Strategy

WTOP reports that MicroStrategy, a long-standing technology company based in Tysons, Virginia, has officially changed its name to "Strategy" to reflect its focus on Bitcoin. The company, which has amassed an estimated $45 billion in Bitcoin holdings, describes itself as the world's first "Bitcoin Treasury Company." Founder Michael Saylor stated that the rebranding represents the company's evolution and strategic focus. The company's Bitcoin holdings now dwarf its estimated 2025 revenue of $477 million. For more information, visit WTOP at https://wtop.com/business-finance/2025/02/tysons-based-microstrategy-changes-name-to-strategy-with-a-bitcoin-b/.

Strategy Takes Loss to Avoid Tax Hit, Continues Bitcoin Buying

Fortune reports that Strategy, formerly MicroStrategy, has taken a financial loss to mitigate potential tax liabilities while continuing its aggressive Bitcoin acquisition strategy. The company remains committed to its long-term plan of leveraging Bitcoin as a core asset, despite challenges in its legacy software business. For additional details, visit Fortune at https://fortune.com/crypto/2025/02/06/bitcoin-strategy-michael-saylor-taxes-crypto-earnings/.

Trump's Media Company Expands into Bitcoin ETFs

Axios reveals that Trump Media and Technology Group is pushing into the financial sector with plans to launch Bitcoin and energy-focused ETFs under the "Truth.Fi" brand. The company has applied for trademarks for these products, which align with its "America First" principles. CEO Devin Nunes highlighted the company's intent to differentiate its offerings and capitalize on the growing interest in cryptocurrency. For more, visit Axios at https://www.axios.com/2025/02/06/trump-bitcoin-etf.

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