Will Trump’s Truth Social ($DJT) buy Bitcoin? (Trump Media & Technology Group) 🤑📈🏦🟠
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Veraltet26. Dez. 24, 05:36 UTC26. Jan. 29, 12:59 UTC
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Many analysts believe Truth Social’s stock price is elevated relative to its intrinsic value
- Much like Microstrategy has done, this elevated price could be leveraged to raise additional capital to purchase Bitcoin & thus justify the elevated valuation (assuming Bitcoin continues to appreciate)
- Trump & his family members have publicly expressed support for Bitcoin & Crypto.
- Trump’s administration will likely be pro crypto.
- $DJT appreciating would have a significant positive impact on Trump’s net worth
- Resolves “yes” if $DJT buys bitcoin and adds it to its balance sheet (much as companies like Microstrategy, Square & Tesla have done) before the next president is inaugurated ( ~ Jan 2029)
