BREAKING
258d 14h ago

Trump Media & Technology Group Unveils $25 Billion Bitcoin Treasury Reserve Amid 12% Stock Plunge

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On May 27th, market analysis revealed that Trump Media & Technology Group (DJT.O) faced a significant short-term decline of approximately 12%, representing the most considerable single-day decrease since March 10th, with the current downturn recorded at 10.61%. In light of this volatility, the company has unveiled an ambitious plans to implement a $25 billion Bitcoin Treasury Reserve strategy. This initiative aims to integrate Bitcoin (BTC) into its asset reserves, positioning itself for enhanced financial stability and effective long-term value storage. By leveraging *cryptocurrency* as part of its asset management approach, Trump Media & Technology Group seeks to navigate the complexities of market fluctuations while capitalizing on the growth potential inherent in digital currencies. This strategic move underscores the evolving role of Bitcoin in institutional investments and highlights a trend towards comprehensive crypto asset integration in the corporate landscape.

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