Trump Media Pivots to Crypto with Bitcoin Treasury and $6.4B Deal

Trump Media & Technology Group, parent of Truth Social, is pivoting to cryptocurrencies by building a Bitcoin treasury and partnering with Crypto.com to create a $6.4 billion CRO token-focused entity, involving $105 million in CRO purchases and $50 million in DJT stock. This strategy boosts user engagement and aligns with pro-crypto policies, potentially reshaping corporate treasuries.