
Will Trump’s Truth Social ($DJT) buy Bitcoin? (Trump Media & Technology Group) 🤑📈🏦🟠
4
Ṁ100Ṁ4172029
94%
chance
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Why?
Many analysts believe Truth Social’s stock price is elevated relative to its intrinsic value
Much like Microstrategy has done, this elevated price could be leveraged to raise additional capital to purchase Bitcoin & thus justify the elevated valuation (assuming Bitcoin continues to appreciate)
Trump & his family members have publicly expressed support for Bitcoin & Crypto. Trump’s administration will likely be pro crypto.
$DJT appreciating would have a significant positive impact on Trump’s net worth
RESOLUTION
Resolves “yes” if $DJT buys bitcoin and adds it to its balance sheet (much as companies like Microstrategy, Square & Tesla have done) before the next president is inaugurated ( ~ Jan 2029)
This question is managed and resolved by Manifold.
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