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2088: Trump Media Strikes $6.4B Crypto Deal - Bitcoin Game Changer
00:29:48
Trump Media has entered a $6.4 billion crypto deal, launching a new treasury strategy that ties politics, finance, and digital assets closer than ever. This move could reshape how crypto integrates with U.S. media and power structures - and could be a...
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Welcome Bitcoin fam to the number one daily bitcoin pod. In today's show I'll be breaking down the latest bitcoin technical analysis. We did touch 109 a little bounce back, currently just above 110,000. Also in today's show we will be discussing spot Bitcoin ETFs and six day outflow streak with 219 million worth of inflows. Semiconductor company is raising 200 million to buy Bitcoin. Tim Draper says altcoins make bitcoin better by acting as beta testers. Also dollar stability question as Trump oust Federal Reserve governor and she is allegedly going to sue him for that. We'll also be discussing the big news of the day. Trump media to set up CRO strategy in a $6.42 billion deal with crypto.com all this plus so much more right here in today's if you're new to the Rumble, important to smash the likes. Give us a follow and hit the repost over on X. It's free to do so support the show. We're going to orange pill the masses like we do each and every day preaching the holy gospel of Satoshi. Today is Pod Episode 2088. Happy Taco Tuesday. It's August 26th, 2025 and as always we got a jam packed session and lots to share with you guys. So let's kick it off with our market watch as we do each and every day. Pulling it up right here. You should be able to see coin 360 bitcoin correcting currently down 2.3% on the day, trading just shy of $110,000. And then we have ether down 1% trading just above 4,500. And as you can see the bulk of the market correcting with a massive gainer. CRO which is crypto.com up roughly 25% on the day due to the big Trump media deal of over $6 billion partnership which we'll get into as our featured story. So stay tuned. And with that being checking out coin market cap.com current crypto market cap coming in strong at 3.82 trillion. The all time high is just above 4 trillion. Bitcoin market cap 2.187 trillion 213 billion worth of volume for the past 24 hours down 13% on the day and the bitcoin dom is coming in at 57.3% with ether dominance at 14.3%. Checking out top 100 crypto gainers past 24 hours. Kronos as I mentioned now up 26% trading above 20 cents thanks to the Trumpster deal. Sky up 4% and Hyper Liquid up a modest 3% as the bulk of the market is correcting and in the red and checking out the crypto bubbles. Get a visual perspective on the day. Unfortunately almost everything in the red, let's say at least 90 of the market CRO standing out like a sore thumb as it's the top gainer. Zooming it out for the week. Let's see here. Definitely the majority in the red unfortunately zooming it out for the month. Rec City cross the board. I mean that's what happens with the coinery. You got to be careful fam. But zooming out on the yearly, that's where we get a little silver lining. Bulk of the market is actually in the green. And checking out the crypto Greed and fear index today it's a 48 neutral, yesterday 47 last week at 56 and last month of 73 ingred. And checking out the infamous time chain calendar with JV and the Nipinator. Today's block height 911,809 and we have 138,191 blocks until the having a 2028. But who else is accounting down besides JV, Nip Nator and Satoshi and you guys now also another 911 omen. As of today you can exchange one fiat monopoly dollar for 911 sats. It's interesting because we're on block height 911,809 today and 911 is right around the corner in a couple of weeks. So go figure. Maybe a hidden message, a subliminal here. I don't know. Was Satoshi trying to tell us? But with all that being shared, you guys let me know where you feel the pretty little bitty likely take us next and I'll read those comments out loud. So we're going to continue with the bitty news and do a little TA AKA Astrology for the baddies and we will pull up the live charts because that's what we do with the Fed Chairman. Especially when we got the NIP NATOR indicator in a full effect. So the headline here reads bitcoin drops under 109. Oh no. How low can the bitty price go? You tell me. Bitcoin's latest dive took the bitty below the previous all time highs first seen January of 2025. Psychological level now hangs in the balance like a yinyang. But it is not the only nearby level that the observers are concerned about. For example, we have various simple SMA and exponential moving averages. Risk getting flipped from support to resistance as the price targets halt its decline. Bitcoin has broken below the 100 exponential moving average on the daily chart. And again we'll pull up the live charts here shortly. That's not a good sign. Could open a door for the deeper correction of 103. And my favorite response to these analysts. Thanks Captain Obvious. Historically every drop below the EMA has led to a short term pullback. I am watching closely and hoping the bitty reclaims the level soon to keep the uptrend intact. Now the 200 day simple moving average is a classic bull market support line sitting lower at just under 100 1. Last time Bitcoin traded below that trend line was all the way back in mid April. Now some market participants have much lower bitcoin price targets in mine including a retest of the major 100,000 psychological level and even drop back into the five figure territory. Oh no, that would be sub 100. This is thanks to the combo of the weakening on chain metrics such as the trade volume as well as the RSI which is the relative strength index. Now for this analyst by the name of Axel Adel Jr. He says Bitcoin speculative investor base may be what saves the market. The nearest Strong support is 100 to 107 range where the short term hotter realized price and simple moving average 200 day intersect as you can see right here on the chart. He also referred to the aggregate cost cost basis of the short term huddlers defined as entities huddling for six months or less in a bull market. This cost basis often functions as support during pullbacks like we're witnessing. Quoting them again below that is the additional support around 92.93. A deeper support level reflecting the cost basis of the short term investors who held coins for three to six months. This will become a key second line of defense if the market loses the 100 to 107 level. So the million dollar question do you think we hold or do you think we'll test that major psychological level which is currently serving as Support which is 100 G's? Let me know. Bitcoin has sparked several major liquidation cascades just like bring facts sparks the doobie every day I dare say. Also coin glass puts total bitcoin liquidations at nearly 500 million. That's a half a billy since Sunday. Exchange order books reveal the majority of liquidity to the downside has been taken. Don't be mistaken. Leading to the faint hopes of the market rebound. Like a young Dennis Rodman Bitcoin downside, elbow to the face. Liquidity has been hunted and now it's seems like shorts will be liquidated next. As a reminder, you can't short your dork. We can't afford that. I think Bitcoin will hit the114,115 this week according to the analysts, leading to a nice rally in the alts. Let me know if you agree or disagree. Also, 114 forms a level of interest according to the King Fisher who sees a huge wall of short liquidations coming should the price return there quitting them here. Price often gets pulled to these levels. Smart money is likely using this as fuel for the fire. And if you don't know, now you know. There you have it. Yo, there is the latest and the greatest and as I promised you guys, we pull up some of the live charts. So here you're looking via Trading View via Coinbase Big correction. This is the one hour big red candle printed and we're currently correcting during the time of the live Zooming it out. You know the old wise saying went in Dow jb just zoom the out and that's why we're zooming out. So here we go. This is the four hour and there's a little soul silver lining. It is a green candle thus far for the past four hours. But again, we did bottom out. We're currently at 109 so we could very likely go lower. But you guys got to let me know your thoughts. I'll read them in the comments shortly. Checking out the Daily do we still have the Bull Target? No, yesterday. Oh no, we do. We do. I was going to say yesterday we had that 146 bull flag. You can see in the purple. It's still there so it's all good. Bull flag rising wedge. And that's why I say when in doubt, just zoom out. The daily, the weekly, the monthly are typically bullish. Short term, expect more volatility.
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I mean, let's analyze this week's tech.
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Innovations and startup moves. Honestly, Elena, I didn't track the updates, but I did switch to T Mobile.
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With their new Family Freedom offer.
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That's not the disruption we're covering. Well, I'm pivoting from AT and T.
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And scaling up with T Mobile. They paid off my family's four phones up to $3200 and gave us four.
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New phones on the house unicorn status.
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Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $829.99cent eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile Nothing.
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New under the Sun Three things cannot be long hidden. The sun, the moon and the truth. But with that being shared, let's take out two more looks here. Taking out the weekly. We did get the close two days ago unfortunately in the red. So we've this is going to be our already our third red consecutive corrective week. Do you think September will turn out to become a September Bull or a September? You guys let me know. Historically non having related bull cycle. It's typically a September bear but last year we had the having. So let's not forget as Roy Jones would say, y' all must have forgot because pretty little bitty is going up forever. Laura and it's on a 17 year old trajectory for Christ's sake here. Looking at the monthly speaks volumes. 1, 2, 3, 4. 120 days of pure bullishness thus far in the month. We got like five days left to put a bow on it. We are in the red but we can easily flip that into the green and continue with the bullish momentum on the monthly. But you guys let me know your thoughts. So Max recently tweeted here three things every bitcoin country needs and only El Salvador has all three. A bitcoin office, a bitcoin strategic reserve and a bitcoin bank law. Amen Yahtzee mofos. He also reminds us the second annual Max and Stacy Invitational JV will be there. Confirmed already January 8th through the 10th. It's a three day event, very affordable. You can buy a ticket. It's like 300 and something dollars. You're not going to find many three day events with bitcoin billionaires and you know the top movers and shakers in all of bitcoin people who've been telling you to buy bitcoin back when it was 23 cents back in December of 2010. That's your opportunity. I hope to see you there obviously and I'm looking forward to live streaming from the event. I hear there's going to be a live stream booth so I'm going to do what I do and I was there earlier this year and it was my best event experience and I've been to, I don't know, maybe 30, 40, 50 events in my life. I used to host my own events for a very long time, not necessarily in bitcoin but before I found this, you know, obviously before I got into bitcoin. But it's a great event. It's, it's a type of event that they can charge thousands and you'd get your money's worth because everything is like top notch like you. I mean from the resort to the service, everything about it is just top notch. So I mean it's a no brainer. All you need is a passport obviously to get to El Salvador. But I hope to see you there. If you're going to be attending, do let me know. And with that being shared next Story spot big on ETFs and 6 day outflow streak with 219 million inflows that's right, the ETFs ended the 6 day streak with the 219 ETF. Data showed spot Bitcoin ETFs rebounded on Monday, which was yesterday, marking a shift in sentiment after six consecutive trading days of net outflows. The outflow streak started Aug. 15 and extended through Friday with the biggest outflow come in at 523 million on August 19 last week, followed by 311 million on hump day Wednesday. The week of the outflows follow the bitcoin market correction after the asset reached record highs which the current top is like roughly 124 5. I call it the firmament which we got a breakthrough and it's almost impossible to do. But the bitcoin is the only thing that can do it now. Fidelity and Black Rock ETFs led the rebound on Monday like a young Dennis Rodman elbow to the eye driving the majority of the daily net inflows. The Fidelity Wise Bitcoin Origin Fun FBTC led the pack like a young Chairman nipinator bringing in 65.56 million. Want to know why that's divine. I see those numbers and it's an 1111 six plus fives. The 11 five plus six is an 11. Just inverted. There's the 1111 omen we've been waiting on. Nip Anator indicator in full effect. Black Rock's eye bit follow closely with 63 million while Ark invest arc 21 shares. Bitcoin ETF added 61 milli. Other issuers saw smaller but positive contributions to today's inflows. For example, Bitwise Bit B saw 15 million of the net inflows, while the Grayscale Trust and VanEck recorded 75 million and 6 million respectively. Now on Monday, Coin Shares head of research said the recent outflows from the crypto funds were the biggest losses since March. He also attributed the sell off to the increasingly polarized investor sentiment over the U.S. monetary policy. You could thank Fed Chair Jay Powell. I mean, he said the pessimism around the fed stance drove the 2 billion of the outflows. However, the analyst said the sentiment shifted after the US J PAL address widely interpreted a more dovish than expected. And meanwhile the crypto ingredient Greed and Fear Index did rise to a 60. Greed back today it's neutral but anyways we'll continue. Let's go back to the screen Share Next story of the day this company just stacked 200 million worth of bitcoin which is pretty lit a French semiconductor company I think it's pronounced Sequins communications file for 200 million at the market equity offering on Monday, which was yesterday the fuel to Bitcoin Treasury Another Bitcoin treasury boom shakalaka with a longer term aim to amass another crazy goal hundred thousand bitcoin by 2030. Let's go. The program would follow the 4G 5G chip maker to issue American depository shares US dollar denominated equity shares of a foreign company that are traded on the US Stock exchanges at its discretion. In the filing it shared I guess with their SEC or version of we intend to use it judiciously to optimize our treasury increase Bitcoin per share and deliver the long term value to the shareholders. And here's the big announcement directly from the company Sequins Today we announce a new Atom Market Equity program to support our long term Bitcoin treasury strategy Game on Bitbo's Bitcoin treasury data shows the Paris based company currently holds 3171 of the Biddy worth 349 million no Diddy on its balance sheet making its Europe's second largest corporate Bitcoin treasury after the Germany Bitcoin Group SE, which owns 12387 Sequan revealed its plan to use the Bitcoin as a core treasury asset back on June 23rd join a growing trend of publicly traded companies adopting the crypto as an inflation hedge and store value. The number of the public companies holding the biddy has risen to 174. Another omen seven plus four is an 11. All I see is ones and elevens up from fewer than 100 at the start of the year. The semiconductor company said the timing and the volume of any share sales under the equity program would be at the company's discretion, determined by the market conditions and other factors. Net proceeds from the offering are expected to be primarily used to continue accumulating bitcoin in alignment with the company's treasury strategy. At the current prices, 200 million could buy another 1814 BTC bringing the total Bitcoin stash to nearly 5000 bitties, roughly the same amount as similar scientific in which they hold Saquan closed Monday's trading 96 cents, down 6.8% over the trading day and has since risen like a young Lazarus from the dead 41% for the intra trading hours. Now the 200 million equity offering comes amid the Bitcoin pullback to 110 11.6% off to 124.5current all time high price Discovery Mode the largest corporate Bitcoin holder as we all know Michael Sailor Strategy scooped up yet another 3,081 like some chocolate ice cream from Baskin Robbins like it ain't no thing with a double scoop with a topping of your choice. Just saying they ain't slowing down. Also Meta Planet very advantageous as well just bought another 103 bitcoin, they're the Japanese version following in the Sailor put Corporate Bitcoin adoption has slowed recently due to the rise of the Ether treasury companies with the bit mine Emerg Immersion Tech, the Bitcoin mining company turn ETH Treasury Company now holding the second largest crypto treasury with seven and a half billion worth of eth. Also last couple of weeks ETH has been making a rise obviously looking to break the current all time high of around 4,008 hundo. Now we also have Sharp link in the Ether machine rounding out the top three Ether treasury company holdings with 3.2 billion and one and a half billion respectively. The treasury adoption contributed to ETH's 198 price rally since April 9, making up the lost distance on Bitcoin from earlier in the Biddy Bull cycle. As you can see here, altcoins make Bitcoin better by acting as beta testers, according to the billionaire venture capitalist, the one and only Timothy Draper. That's right, Tim Draper said the alts may ultimately make Bitcoin better by acting as testing grounds for the upgrades. During the new interview on CNBC Squawk Box yesterday, Draper said there are also many other cryptos. Yeah, let's map out this week's amazing destinations and travel tips. Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer. That's not the itinerary we're following. Well, I'm departing from ATT and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house. Bon voyage.
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Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $829.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier. Cancel Contact T Mobile 20 million or.
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Something if you're counting created over time which will increase Bitcoin's dominance. Quoting them here from the interview Competition is good for the world, but as a percentage of all crypto bitcoin with the first boom they had a 40 market share. With the next boom they had a 50 market share. Now the market share is running around 61, 62% preach and adding over time the dominant supplier builds the strongest network which results in developers programming it for the dominant supplier. He actually makes a good point there. A similar situation played out with Microsoft, Draper said, because most developers were building on it when it first started out. However, some applications were created elsewhere and eventually reported. Now Microsoft is considered one of the top tech giants in the world now. You know I despise anything related to Mr. Bill Gates and I'm sticking to that. So I despise Microsoft. What was their game? Their video game system? Not the PlayStation but the Xbox. Yeah, anything with Microsoft or Bill Gates involved, count me out. But anyways it took over taken up 71 of the market share back then and at the same thing happening right now with Bitcoin. Although the smaller cryptos are experimenting and doing interesting things and all of the great engineers are porting those into Bitcoin and so there is a gravitational pull towards Bitcoin. Now. I say it's the law of density, but that's a topic for another conversation. There are other currencies that will come up as flashes in the pan, but I think overall we're in the major trend towards the btc. However, Electric Capital currently paints a different picture. Their latest developer reported estimates of there only being 2583 total developers on bitcoin, which is a fraction of the total developers on the EVM stack, which they allege is 12931 working with Ethereum or 9094. Draper also reiterated his stance on the biddy is a hedge against the bad governance. That's right, corrupt governments. Let's just call a spade a spade. And how to control government spending. Draper said government spending had become uncontrolled, with the spending as a percentage of the gross domestic product going on a rapid tear over the last 100 years with no sign of slowing down. In fact, it's like a snowball effect. It's only going to speed up inflation sensation. Expect more as the money printer go brr. The United States national debt has continued to grow yearly with the Treasury Department estimating that in the last hundred years debt has grown from 395 billion over in 1924 to over 37 trillion this year in 2025. And with the new genius act that's now going to be like 40 trillion. They proposed 3 trillion more in spending. Quoting Draper again, your only hedge against that kind of government spending is bitcoin. Unless you want to hold gold, which is like holding onto shells. That's hilarious. Take that Peter Schiff. It is like being prehistoric in your thinking about the economy. Precisely. Bitcoin is your alternative that allows you to deal with the major challenges that are happening in government policies over time. Draper also predict Bitcoin to hit 250000 a quarter milli which is a practical 2.5x from the current price action and make the US dollar extinct. Though he acknowledged that it hasn't come true yet. Quoting him here, I've been predicting 250 for a very long time for bitcoin. It turns out I haven't been right yet, but we have gotten halfway there. So that's actually very exciting. Draper previously predicted bitcoin had reached 10,000, which it did back in 2017, and that he only made a fresh prediction of the 250,000 by the end of 2022 because he felt pressured to have another crack after he nailed his first guess. So when he guessed 10,000 in 2017, he under promise over delivered. Because remember December of 2017, I remember like yesterday, that's when I got involved. Bitcoin hit 19,900. It doubled what he was anticipating. So of course the ego got to his head and he's like yeah, now 250 income in 2022 send it. And we didn't hit it yet, but we all know it's inevitable. Only a matter of time. Sign of the time. The stars are aligned. Okay, dollar stability. Question Does Trump oust Federal Reserve governor? Her name is Lisa Cook. And I did see in a different story, she's allegedly going to be suing Trump for this firing. I don't really know the context yet, so let's dive in together. US President Trump announced the dismissal of Fed Reserve Governor Lisa Cook. Let me know if you've ever heard of this lady. Raising questions about the reliability of the US Dollar. Now, in a Tuesday post, White House Rapid Response published a letter signed by the Trumpster removing Cook from her role at the Federal Reserve. Maybe it's like, we can't fire J Pal. Let's get rid of Lisa. What? It sounds like he accused her of having made false statements, one or more mortgage agreements, and addressing her directly. Here's what he wrote. I have determined that faithfully executing the law requires your immediate removal from US Office. So allegedly accusing her of violating the law, doing something illegal. Which reminds me of this clip.
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That's illegal.
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Exactly. According to the Tuesday Associated Press report, Cook said she would not step down. She said Trump was attempting to remove her post for cause, but claimed that no cause exists under the law and added that Trump has no authority to remove her. She concluded that she'll not resign. Interesting. So I guess the President of the United States, according to her, has no authority over her, but kind of true in a way. Correct me if I'm wrong, but the Federal Reserve, there's nothing federal about it. They're above and beyond the United States. There's no oversight, there's no auditing, and hence why that's illegal. Crypto lawyer Aaron Brogan said the signing of the two inconsistent personal mortgage docs, which is what Cook is accused of, does not constitute a valid cause for firing. Hence, no cause. He explained that cause generally means some misconduct, neglect of duty, dishonesty, or action that materially impairs the individual's ability to perform their obligations. I think the whole thing's funny. So it's like Trump's like, like, you're fired. And she's like, you, I'm not going anywhere. So where does that lead us? This guy said it is certain the court will grant a preliminary injunction which will prevent Cook from being removed from her position until the case concludes. Hence, innocent until proven guilty. Right. If the court denies the president the power to remove Governor Cook, the effect will be to leave her in her seat until the end of her term. So I guess the next question is when the is her term up and when is J Pals term up? Let me know in the chat. The Federal Reserve has significant decree of independence from the U.S. government. Exactly. There's nothing federal about it. Is the lizard folk running the show if you know what I'm saying. It ensures objective monetary policy like rates inflation without policies maintaining investor confidence preventing crisis and without it there's a risk of manipulation and economic instability as the authoritarian as in authoritarian countries. Brogan similarly said that if the Fed independence is undermined, it'll negatively affect US monetary policy, probably weaken US dollar and he explained why central bank independence is in place.
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Quoting him again, let's analyze this week's tech innovations and startup moves.
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Honestly Elena, I didn't track the updates, but I did switch to T Mobile.
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With their new Family Freedom offer.
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That's not the disruption we're covering. Well, I'm pivoting from AT&T and scaling up with T Mobile.
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They paid off my family's four phones up to $3200 and gave us four.
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New phones on the house unicorn status.
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Introducing Family Freedom Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $8,229.99 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier cancel contact T Mobile the basis.
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For the central bank independence is the sense that the regulators who are accounting or accountable to the public will be susceptible to the short term thinking which will ultimately be harmful. They also suggest Trump decided to fire Cook for political reasons and that his decision undermined the Fed's independence. This leads towards market uncertainty and worsening economic sentiment, hence why we've seen a shaky market since. This causes volatility, a weakening of the dollar and a threat to its reserve hole with the risk of recession. So yeah, Trump clashes with the Federal Reserve. He's also clashed with J Pal. As you know, I'm sure you guys have been following Powell's termination cannot come fast enough. According to the Trumpster mark, market participants were quick to reject the idea. Famed crypto entrepreneur Pompliano said Trump shouldn't followed through to his threat. The fire Powell quoting the Palmser I do not believe that the president of the US should come in and unilaterally fire the Fed chair. He suggested the action could set a bad precedent. Speaking of the Fed Chair, Nipinator, he's saying you have to trust the chairman. The Chairman is God. U.S. senator Warren also warned that if Trump fired Powell, it could undermine investor confidence in the integrity of the US Capital markets and trigger a financial crash. And if you don't know, now you know. And there you have it. All right, fam now for our feature story of the day. Trump Media to set up crypto.com strategy in a 6.42 billion dollar deal let's break this baby down. Trump Media and Tech Group, the owner of the U S President Trump's true social platform just announced the business combination with crypto exchange crypto.com and off the back of this news, that's the reason that coin CRO, which is the native token of Crypto.com is up 26% on the day and a blank check company Yorkville acquisition what's up with the blank check company? Trump media and crypto.com and Yorkville acquisition entered into a definitive agreement to jointly establish Trump Media Group CRO strategy according to the Tuesday announcement. Happy taco Tuesday Broskies. The entity will be a digital asset treasury company focused on the acquisition of Kronos, which is their native coin Croissant, now majority owned by the Trump Media crypto.com and Yorkville. Trump Media Group CRO strategy aims to build a treasury of at least $6.42 billion, according to the announcement. Trump Media Group CRO strategy will fund its digital asset treasury with a 1 billion dollar CRO or 1 billion worth of CRO tokens. 420 million in cash happy 420 broskis and warrants plus a 5 billion credit line from the affiliate of Yorkville. The capital would make CRO strategy the first and largest publicly traded CRO treasury company, the company said in the announcement, adding that it would potentially become the largest digital asset treasury company to a market cap ratio in history. That's pretty big deal. To support the long term commitment to the Trump Media Group CRO strategy and three partners agreed to a mandatory one year initial lockup period on their founding shareholders holdings. The lockup will include all granted warrants following the closing of the business combination. An additional three year restrictive release schedule expected to follow the initial lockup period. So there you have it yo. I mean Trump Media is doing big things in crypto adoption. I even heard a rumor that half or estimated half of President Trump's net worth is now officially in cryptocurrencies. And you know, the Trump family is all in on the bitcoin. Eric Trump claims to be a bitcoin maxi, though he also is very bullish on ether, which is like an oxymoron to be a bitcoin maxi and be promoting ethereum. But I digress. The entire family is heavily loaded in crypto right now. And for the first time in human history, we have a pro crypto U. S. Government, something I never anticipated verbalizing years ago. I would have always suspected the US Government would deem, you know, bitcoin like terrorists, terrorism. Kind of like how they treated Ross Ulbricht by giving them two life sentences. Yeah, I mean, for having the first marketplace where people were discussing bitcoin to make an example. Because, you know, the lizard folk that run the world do recognize that bitcoin is the Achilles heel of the US Dollar and that runs the world. And bitcoin is single handedly demonetizing fiat currencies. And when you have all this inflation right, all this money is going to be flowing into bitcoin. Why? It's the only hedge against the inflation. Gold, you're pretty much guaranteed to maintain the same value. What good is that? You'll be like Peter Schiff hoarding gold for 20 years. Like, look, guys, it's up 5%. Yay. Yippers. No yippers. Bitcoin's up like a million percent or more. It's crazy. Since the inception of genesis block, back when they couldn't give it away for free. I played a clip early of Stacy Herbert, 23 cents per coin. We've come a long ways, but let me know your thoughts. You know, obviously Trump media, very bullish, making big moves. And bitcoin is the future. And this will only help attract more capital into the ecosystem. So overall, bullish. But let me know your thoughts. I'll read some of your comments out loud. Welcome everyone to the q A segment of the live stream. And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hoddle. Hi, I'm Chris Gethard and I'm very excited to tell you about Beautiful Anonymous, a podcast where I talk to random people on the phone. I tweet out a phone number, thousands of people try to call you talk to one of them, they stay anonymous. I can't hang up that's all the rules. I never know what's gonna happen. We get serious ones. I've talked with meth dealers on their way to prison. I've talked to people who survived mass shootings. Crazy, funny ones. I talked to a guy with a goosebump Slav. Somebody who dresses up as a pirate on the weekends. I never know what's going to happen. It's a great show. Subscribe today. Beautiful. Anonymous.