$CRO surged 26.6% in the past hour after a blockbuster announcement from Trump Media Group. The company revealed plans to launch CRO DAT in partnership with Crypto.com.
The big twist? Trump Media Group will buy $105 million in $CRO for its balance sheet. That’s 685,427,004 CRO tokens at current prices.
This isn’t just another partnership. It’s a bold bet on Cronos and its future in digital asset finance.
Today, Trump Media Group signed a definitive agreement with Nasdaq-listed $YORK.
At completion, the merged entity will trade as $MCGA, Make CRO Great Again.
Once the dust settles, Trump Media Group CRO Strategy will become the largest holder of $CRO in the world. We’re talking 6,313,000,212 CRO tokens worth about $1 billion as of this announcement.
That’s not all. Trump Technology Media Group ($DJT) also bought $105 million in $CRO. At the same time, Crypto.com grabbed $50 million worth of $DJT stock.
When you add everything up, the Trump Media ecosystem now controls nearly 7 billion CRO tokens.
As part of this partnership, $CRO will be the official platform token for Truth Social.
The new entity, Trump Media Group CRO Strategy, plans to have $200 million in cash at launch. That’s fresh capital aimed at buying even more $CRO.
But the war chest doesn’t stop there.
And sitting behind it all is a $5 billion line of credit from Yorkville. That’s right, up to $5 billion, all aimed at acquiring $CRO.
This scale of capital is unheard of in the Digital Asset Treasury world. It even exceeds $CRO’s total market cap at the time of this announcement.
For perspective: to match this impact on Ethereum, buyers would need hundreds of billions in ETH.
Trump Media Group CRO Strategy says it will hold the CRO it buys forever.
Not only that, it will stake all CRO holdings to generate robust revenues for $MCGA.
Founding partners have agreed to long lockups:
$MCGA management: 12-month full lockup, then staggered unlocks every 6-12 months
The public float? Just 13%, held by the original $YORK investors.
This creates a rare opportunity for digital asset treasury investors.
The mission is clear: maximize the flywheel effect.
More funds raised → more CRO bought → prices rise → more funds raised → even more CRO bought.
Trump Media Group CRO Strategy believes this will unlock Cronos’ full potential.
That means becoming the backbone of financial services, from payments to AI-powered transactions.
With ~7 billion CRO already locked in, plus billions more in potential buys, the market is clearly watching.
The response? Immediate and bullish.
$CRO jumped 26.6% in the last hour on the news. Volumes spiked. Traders poured in.
Analysts call this a game-changer for digital asset treasuries.
Trump Media Group CRO Strategy is now positioned as the largest CRO whale in the world, with plans to keep buying.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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