Major U.S. corporations are increasingly adding Bitcoin (CRYPTO: BTC) to their balance sheets, raising concerns about potential market risks as the trend accelerates under President Donald Trump‘s administration.
Companies like Trump Media & Technology Group (NASDAQ:DJT) are driving this surge, recently announcing plans to invest around $2.5 billion in Bitcoin through stock and debt sales.
Trump’s pro-crypto stance has significantly reshaped the regulatory landscape, Politico reported.
His administration’s rollback of enforcement actions and push for crypto-friendly legislation have emboldened corporate America to embrace digital assets more aggressively.
According to Standard Chartered, more than 60 publicly traded companies globally now hold over 673,000 Bitcoin, valued at approximately $75 billion as of May’s end.
Trump Media, among …