Vice President JD Vance and two of Trump’s sons, Eric Trump and Donald Trump Jr., are heading to Las Vegas, where they’ll speak at a bitcoin conference — the same one Trump headlined last year.
Trump world has focused more resources on cryptocurrency, though many of Trump’s crypto moves have been met with sharp criticism.
Last week, the president hosted a private dinner with top buyers of his $TRUMP meme coin, which the president’s critics panned as unethical. Many of the attendees’ identities remained secret, prompting Democratic politicians to raise questions about whether people were trying to buy the president’s ear.
Trump Media also announced yesterday that it intended to use $2.5 billion in proceeds from a deal toward creating a “Bitcoin treasury.”
“We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets,” Trump Media CEO Devin Nunes said in a press release.
Trump indirectly owns more than 100 million shares of the company through a revocable trust. His son Trump Jr. is also on the company’s board of directors.
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