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According to Arkham monitoring data, Musk's companies have holdings worth $2 billion, of which Tesla holds 11,509 bitcoins ($1.17 billion) and SpaceX holds 8,285 bitcoins ($842 million). The average purchase cost of these bitcoins is $34,980/piece, which means they have now made a profit of $1.30 billion (186%).
On November 22nd, according to a trademark application filed this week, Trump Media Technology Group filed an application for a cryptocurrency payment service called Truth Fi and described it as a platform for crypto payments, financial custody services, and digital asset trading, according to the New York Times. The application did not elaborate on how the project would work or how close it was to fruition, but the move appeared to be an attempt by the group to diversify its business beyond soc...
