World Liberty Financial Acquires $47 Million in Wrapped Bitcoin
- World Liberty Financial added approximately 439 Wrapped Bitcoin, valued at about $47 million.
- The purchase was made through 10 separate transactions using stablecoins.
- This acquisition makes Bitcoin the platform’s third-largest holding after Ethereum and USDC.
- Eric Trump, the Web3 Ambassador, hinted at this move a day prior to the transaction.
- The platform holds over $320 million in crypto assets, including AAVE, LINK, and ENA.
World Liberty Financial increased its holdings with a significant purchase of Wrapped Bitcoin worth $47 million. This move aligns with their regular treasury management strategy and follows a similar investment in Ethereum. The company now holds substantial crypto assets totaling over $320 million.
Source (2.6)https://decrypt.co/301910/world-liberty-financial-47-million-bitcoin-trump?rand=52368