
Newsmax becomes first to add Trump crypto to treasury
Newsmax becomes first to add Trump crypto to treasury

Pro-Trump media company Newsmax announced it would set up a $5 million Bitcoin and Trump Coin treasury. Media giant Newsmax is doubling down on its MAGA credentials.
Article Summary
**Newsmax Makes History as First Media Company to Add Trump Cryptocurrency to Corporate Treasury** Pro-Trump media giant Newsmax has announced a groundbreaking $5 million cryptocurrency treasury allocation, becoming the first major media company to integrate Trump Coin alongside Bitcoin into its corporate holdings. This strategic move signals growing institutional adoption of both established cryptocurrencies and politically-themed digital assets. The treasury diversification includes Bitcoin, the world's leading cryptocurrency, and Trump Coin, reflecting Newsmax's commitment to the MAGA movement while embracing blockchain technology. This unprecedented decision demonstrates how traditional media companies are increasingly viewing cryptocurrency as a legitimate treasury asset and hedge against inflation. The $5 million allocation represents a significant institutional endorsement of digital assets, potentially influencing other media companies and corporations to explore cryptocurrency investments. Trump Coin's inclusion alongside Bitcoin in a corporate treasury marks a notable milestone for politically-branded cryptocurrencies in the institutional investment space. This development could drive increased market interest in both Trump Coin and broader cryptocurrency adoption, as Newsmax's move validates digital assets as viable corporate treasury holdings in the evolving DeFi landscape.


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