Trump Media and Technology Group to distribute digital tokens and tether rings in the new year with more than 8,800 Bitcoin.

You're watching Coin Desk Daily. I'm your host, Jen Sanassi.

Trump and Media and Technology Group, the company behind Truth Social announced its plans to distribute a new digital token to shareholders through a partnership with crypto.com.

Under the plan, investors will receive one token for every whole share of DJT they own.

These tokens will be minted on the Kronos blockchain and are expected to unlock rewards and exclusive benefits across the truth social ecosystem.

CEO Devin Yunes describes the move as a first of its kind distribution.

Markets are already reacting.

DJT shares rose to 1363 as of market open and crypto.com CRO token saw 3% rally as well.

Tether is ringing in the new year with a massive Bitcoin

buy. The stable coin issuer added over 8,800 Bitcoin to its treasury, a purchase worth

roughly $780 million. CEO Paulo Arduino confirmed the move as part of Tether's ongoing

strategy to funnel up to 15% of its operating profits into Bitcoin.

The latest buy cements tether status as one of the world's largest corporate holders of the asset.

And unlike many of its peers, Tether isn't taking on debt to buy the dip.

It's using excess earnings from the U.S. Treasury bills that back its stable coin.

As of this morning, Bitcoin is trading just below $90,000.

And Iran's Ministry of Defense Export Center, Mindex, is accepting crypto payments for advanced

weapons systems as a means of bypassing international sanctions. According to the center's

website, prospective clients can purchase missiles, tanks, and drones using digital assets

alongside Iranian reels or bartering.

According to the report from the Financial Times, the offer is among the first known instances

of a country accepting a cryptocurrency as payment for military equipment and Mindex claims to serve

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