Trump buys BTC ahead of public

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Forex humour

29-07-2025 17:03

Trump buys BTC ahead of public

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Striking developments are unfolding in the world of Bitcoin. According to analyst Max Keiser, US President Donald Trump is acting preemptively, buying Bitcoin for himself, while many Americans still hesitate to invest in the flagship asset.

Recently, Trump Media, a company affiliated with the Trump family, reportedly made a massive Bitcoin purchase worth $2 billion. Keiser called the move a “great divide,” emphasizing that the American leader appears focused on filling his own pockets before allocating even a fraction of the leading cryptocurrency to the US strategic reserve. The analyst believes the president is using his position for personal gain and hedging against a potential surge in BTC’s value. Keiser noted that a significant price surge might be possible if Bitcoin were to be included in the US strategic reserve.

Following these claims, Trump supporters rushed to defend the president, arguing that he was setting an example and showing confidence in crypto before investing taxpayer billions. Yet, doubts remain.

The Bitcoin acquisition by Trump Media came shortly after the president signed the GENIUS Act, which establishes regulations for stablecoin issuers. Earlier, Trump had issued an executive order mandating that Bitcoin seized by law enforcement would be added to the national reserve. He also instructed the Secretaries of the Treasury and Commerce to explore additional neutral methods of BTC acquisition, including purchases in the open market.

Currently, the flagship cryptocurrency is trading above $118,000, with a market capitalization of $2.35 trillion. Its daily trading volume stands at $70.1 billion.

Recently, Max Keiser also warned that US authorities could wipe out corporate Bitcoin reserves at any moment. The reason lies in the actions of firms like Strategy, whose large-scale BTC holdings undermine the value of the dollar. These companies are known for making substantial long-term Bitcoin investments.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Forex humour