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Newsmax Announces Crypto Plan for Bitcoin, Trump Coin
Newsmax Inc. today announced that the company's board of directors has authorized a strategic purchase plan of up to $5 million to purchase bitcoin and Official Trump Coin over the next 12 months, subject to market conditions. Newsmax expects to join more than 100 public companies that hold bitcoin or other cryptocurrencies on their balance sheets. According to BitcoinTreasuries data, public company-held coin represents over 4.7% of total bitcoin in circulation. Newsmax also plans to add Official Trump Coin to its strategic crypto reserve. The popular meme coin was launched earlier this year by President Donald Trump ... (full story)
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