DRW bought nearly 4 million shares of DJT stock last month to participate in the $2.3 billion Bitcoin Reserve Plan financing

On June 14th, according to public documents, DRW Investments, a Chicago based company founded and controlled by trader Don Wilson, purchased nearly 4 million shares of Trump Media&Technology Group last month as part of a funding round to purchase over $2 billion in cryptocurrency. It is worth noting that 9 weeks ago (March this year), Cumberland, a cryptocurrency liquidity provider also controlled by Wilson, received probation from the US Securities and Exchange Commission, which dismissed a civil lawsuit filed by the Biden administration accusing the company of acting as an unregistered cryptocurrency trader and selling cryptocurrency assets as securities. DRW stated, "We are a major institutional participant in the cryptocurrency industry with over a decade of history. We have adopted various strategies within the cryptocurrency ecosystem and have seen the benefits of holding Bitcoin on our company's balance sheet. This transaction is purely viewed from this perspective