Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

NFT-related tokens soar in Q2, with PENGU leading despite decline in trading volumes

July 13, 2025

Crypto Hacker Who Drained $42,000,000 From GMX Goes White Hat, Returns Funds in Exchange for $5,000,000 Bounty

July 13, 2025

Bank of America Research Shows Bitcoin Is Now the Best-Performing Currency This Year

July 12, 2025

A Company May Have Sold a Large Amount of This Altcoin – Onchain Data Shows

July 12, 2025

Goblintown launches hotline to complain about its memecoin

July 12, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Bitcoin Surge Ignites $10 Billion Crypto VC Boom: Biggest Funding Quarter Since 2022

    July 12, 2025

    Bitcoin Bulls In Cloud 9? Analyst Identifies Where Risk Lies

    July 12, 2025

    Tether to End USDT Support on These 5 Blockchains

    July 12, 2025

    Trump Slaps 30% Tariffs on EU and Mexico: Will Bitcoin’s Price React?

    July 12, 2025

    Bitcoin’s Record Quarter Met With Silence From Elite Media – Who’s Really Out of Touch?

    July 12, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Markets » New Developments Regarding Donald Trump’s $2 Billion Bitcoin Move
Markets

New Developments Regarding Donald Trump’s $2 Billion Bitcoin Move

Crypto Observer StaffBy Crypto Observer StaffJune 14, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

DRW Investments, controlled by American financier Don Wilson, invested around $100 million in Trump Media & Technology Group (TMTG), owned by the Trump family. According to the Financial Times, this investment was made to support the company’s Bitcoin move, which has exceeded $2 billion.

The investment is notable because it comes just nine weeks after the SEC investigation into Wilson’s crypto company Cumberland concluded, after the SEC dropped a lawsuit against Cumberland in March that included allegations of being an “unregistered crypto broker.”

Chicago-based DRW bought about 4 million shares of TMTG last month, according to investor records, marking one of the largest investments ever made by TMTG, which is also behind the Truth Social app. The company’s largest investor in the funding round for Bitcoin was reportedly Jane Street, with a stake of about $375 million.

DRW stated that they evaluated the investment decision based on “the benefits of holding Bitcoin in company balance sheets.” The statement said, “We have been strategically involved in the crypto asset ecosystem for decades. This transaction was evaluated entirely from this perspective.”

Don Wilson has advocated for a restructuring of U.S. securities regulators, proposing the creation of “an entirely new regulatory agency” to replace the SEC and CFTC. “Wilson has long called for a clear regulatory framework,” a DRW spokesperson said.

Wilson’s interest in crypto is not new. In 2015, he auctioned off 70,000 Bitcoins that the U.S. government had seized from the Silk Road. The assets are worth about $7.7 billion today. DRW also has a number of funds tied to digital assets, including transactions related to MicroStrategy’s rebranded Bitcoin-focused entity “Strategy.”

*This is not investment advice.

Read the full article here

Fintech
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Powell’s exit would hit the dollar and bonds hard

July 12, 2025

Whales Withdrawing Huge Amounts to Cold Wallets from Binance

July 12, 2025

US President Donald Trump is Back at It Again Over the Weekend: Announces Major Tariffs

July 12, 2025

Bitcoin, Ether Tentative, XRP Steady as Trump Announces 30% Tariff on EU and Mexico

July 12, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

NFT-related tokens soar in Q2, with PENGU leading despite decline in trading volumes

July 13, 2025

Crypto Hacker Who Drained $42,000,000 From GMX Goes White Hat, Returns Funds in Exchange for $5,000,000 Bounty

July 13, 2025

Bank of America Research Shows Bitcoin Is Now the Best-Performing Currency This Year

July 12, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Bitcoin Bulls In Cloud 9? Analyst Identifies Where Risk Lies

July 12, 2025

Tether to End USDT Support on These 5 Blockchains

July 12, 2025

Trump Slaps 30% Tariffs on EU and Mexico: Will Bitcoin’s Price React?

July 12, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.