Trump, President Donald Trump, Trump, may start receiving institutional attention as a small logistical company in the United States planning to hold it as the origin of the cabinet reserves. Freight Technologies Inc. decided. Find a use of memecoin in her business course.
Logistics shipping and Trump’s symbol
The plan is to redirect the revenue from selling convertible notes to the purchase of the Trump digital code. According to Bloomberg reportFreight Logistics intends to start offering a million dollars and may reach $ 20 million in the near future.
The announcement of Trump’s use as the asset of the Treasury has closed an increase in the company’s shares.
As of 2:43 pm in New York on Friday, the stock recorded a 108 % increase, up to its market value to $ 4.6 million. Shipping technologies themselves as one of the first public companies to make Trump “the cornerstone of the digital asset strategy”.
The company bought Fet codes from the Fetch.AI decentralized intelligence platform. As of April 29, Freight Technologies claimed that it has about $ 8 million from Fet.
American companies and reserve assets
Recently, many companies have become open to adopt an encryption assets cabinet. The strategy and metaplanet are two devices to acquire Bitcoin (BTC) as a backup asset. On May 1, Michael Celor announced that the strategy has doubled its capital plan to $ 42 billion of shares and $ 42 billion of fixed income for Buy more bitcoin.
In addition, the strategy announced that it had obtained up to 13.7 % at the BTC and BTC revenue of $ 5.8 billion on an annual basis (YTD). For 2025, the strategy plans to increase the BTC return goal from 15 % to 25 % and BTC won the target of $ 10 billion to $ 15 billion.
Metaplanet also prepares 3.6 billion JPY, which you plan to use Expand Bitcoin. Besides these companies, entities such as House of Doge Holdings have powerful, and Sol strategies are also committed to the Crypto Solana-Fair reserve strategy.
The growing bustle of the National Crypting Reserve
It should be noted that the Donald Trump administration had an effective role in the increasing demand for encryption offers recently. He personally invested in structures that promote high encryption adoption. President Trump announced his plan to obtain a strategic encryption reserve with Bitcoin at the center during his campaign.
Senator Cinemia Loms has played a fundamental role in this batch of the National Crypting Assets reserve by submitting Bitcoin Law Bill. Despite the slowdown in the actual purchase of the United States government of BTC, the pro -Carbuto position has closed an increase in demand for digital assets.
Godfrey Benjamin
Benjamin Jodfrey is a blockchain lover and journalists who enjoy writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desires to educate people about encrypted currencies inspire his contributions to the media and the famous Blockchain sites. Benjamin Jodfrey is a fan of sports and agriculture. Follow it xand LinkedIn
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