U.S. publicly traded company Newsmax plans to invest $5 million to create a BTC and TRUMP reserve

BlockBeats News, October 17th, Newsmax, a US-listed media company, announced that it will create a digital asset reserve with Bitcoin and the Trump meme token (TRUMP) at its core. The company’s board of directors has approved the plan to allocate up to a maximum of $5 million in the next year to these two asset classes.