World Liberty Financial added approximately 439 Wrapped Bitcoin, valued at about $47 million, to its balance sheet on Inauguration Day, as part of a series of 10 transactions. The DeFi platform, which includes Donald Trump and family as advisors, now holds 456.77 Wrapped Bitcoin, making it its third-largest holding behind Ethereum and a dollar-pegged asset. This strategic purchase follows Eric Trump hinting at upcoming acquisitions on social media. In total, the company has acquired nearly $100 million in major cryptocurrencies within two days, emphasizing routine treasury management practices. With over $320 million in crypto assets, the firm announced its purchases, which also included Ethereum and other assets such as AAVE and LINK. Bitcoin prices rose to $108,786 shortly before the inauguration, settling at $102,780 after the event.

Source 🔗