Bitcoin market activity highlights COINOTAG News, citing Bubblemaps, noting that Trump Media has allocated about $40 million to acquire Bitcoin. As of December 23, the public wallet registered three inbound transactions totaling 450 BTC, pointing to deliberate accumulation. The address now holds approximately 11,542 Bitcoin, estimated around $1.04 billion at prevailing prices. The move underscores a strategic posture toward decentralized assets within corporate treasuries. Industry observers will watch for further transfers to gauge custody arrangements, liquidity impact, and the potential implications for governance and risk management in crypto treasury management.
Source: https://en.coinotag.com/breakingnews/trump-media-purchases-bitcoin-public-wallet-holds-11542-btc-worth-1-04b
