Trump's Secret Bitcoin Investment Sees 71.30% Growth in Two Months
President Donald Trump's cryptocurrency investment has seen significant growth over the past few months. According to a recent disclosure, the commander-in-chief purchased up to $115,000 worth of Strategy (NASDAQ: MSTR) stock in late July, after a strong BTC rally sent Michael Saylor's company higher. The U.S. president could have seen a $12,380 profit on his first buy and up to $69,619 on the second.
The value of Trump's investment appreciated 71.30% within just two months, with Strategy stock closing at $167.33 on September 22. This growth is likely due to the continued strong performance of BTC, which has seen a 36.38% rally in slightly less than two months.
The cryptocurrency market appears poised for further growth, with BTC flashing a 'buy' signal on September 22, signaling a potential drive toward $90,000 and possibly even $100,000.