The United States Securities and Exchange Commission (SEC) stated the Form S-3 registration statement of Trump Media and Technology Group Corp. (Nasdaq: DJT) Effective on Friday, June 13, 2025. As a result, the company Donald Trump has a company Greenlight to implement a Bitcoin (BTC) Treasury plan.
“We’re aggressively Implementing Our Plans to Expand the Company, Our Offerings, And Our Capabilities. By SimultaneUancing and Growing Our Social Media Platform, TV Streaming Platform, And Our Fintech Brand WHILE ENSTY PODY, WE Indispensable Company for the Expanding Customer Base of the Patriot Economy, ”Devin Nunes, Trump Media’s CEO and President, noted
The acceptance of Bitcoin by the company supported by Trump is a top gesture that the United States will continue to support the cryptocurrency industry in the long term. The SEC and the congress have worked to ensure that a clear crypto regulations landscape is implemented in the shortest possible time.
As a result, more institutional investors will follow in the same direction to hire Bitcoin to cover himself against high inflation. At the time of this letter, data from Bitcointreasuries suggest that 235 institutional investors currently have more than 3.4 million BTCs in their respective treasury drawings.
The final impact of the rising demand for Bitcoin is a further stress on the demand versus demand shock, which the BTC rally has fueled in the past year. From the point of view of technical analysis, BTC Price will experience a parabolic rally before the end of this year catalyzed by institutional investors and clear legal frameworks.
Credit : coinpedia.org
