The disclosure signals a more assertive approach by Trump-aligned businesses in capitalizing on favorable crypto policy momentum. The firm stated that it may continue purchasing Bitcoin and similar assets depending on broader market conditions.
The announcement followed what Republicans dubbed “crypto week” in Congress. While the new law establishes rules for U.S. dollar-pegged digital tokens, additional proposals covering crypto trading infrastructure and central bank-issued digital currencies await Senate review.
Trump issued the landmark executive order to establish a Strategic Bitcoin Reserve, a federal stockpile of digital assets, in March.
While early analysis suggested the reserve might consist of crypto seized by law enforcement, recent statements from senior officials have hinted at broader approaches, including monetizing dormant government-held assets.
With legislative backing and market signals aligning, the media firm’s Bitcoin bet reflects a broader push from Trump-linked entities to position themselves at the forefront of the digital asset economy.
