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Big investment entry: Trump’s media company spends 40 million USD to increase its holdings in Bitcoin
[Coin World] Recently, there has been significant news: Trump's media company has made a substantial Bitcoin purchase. According to on-chain data tracking, the company's purchase scale reached 451 Bitcoins, with a transaction amount of approximately 40 million dollars.
The emergence of this transaction marks the beginning of more traditional enterprises and companies with well-known backgrounds incorporating crypto assets into their asset allocation. Especially against the backdrop of sustained heat in the Bitcoin market, such significant changes in large holdings often become the focus of market attention.
The scale of 451 Bitcoins, although not the largest among whale-level holdings, should not be underestimated due to the high-profile nature of the institution backing it. Whether it is the recognition of Bitcoin or the signals for the entire cryptocurrency investment ecosystem, it provides a certain reference significance.