Trump Media buys up $2 billion in Bitcoin...Stock prices surge 3%

Trump Media & Technology Group (DJT) shares surged more than 3% after reports that the company had amassed $2 billion worth of Bitcoin.
On the 21st (local time) on the New York market, DJT's stock price surged 3.11% to $19.25.
DJT, which operates the cryptocurrency exchange Strategy.com, is believed to be benchmarking Strategy and directly purchasing crypto assets.
DJT's move comes after the House of Representatives passed three cryptocurrency bills last week, including the first federal regulation of a dollar-denominated stablecoin.
This is believed to be due to the passage of related bills.