Trump Media & Technology Group plans to raise $3 billion to purchase Bitcoin and other altcoins, expanding their presence in the crypto market.
Institutional investors are showing increased interest in crypto products, driving prices to new highs and indicating a positive trend in the market.
Trump-related entities have been actively entering the digital asset space, with recent partnerships and investments, further fueled by President Trump's support.
The push for institutional adoption of cryptocurrencies continues as various companies increase their holdings and investment in digital assets, despite regulatory scrutiny.