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Even as a crypto investor and advocate, he doesn't support this proposed change

The governor will present a BTC investment plan to the board Thursday, according to an interview published by the Financial Times.

Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space after World Liberty Financial and launching an "official" memecoin.

Investment firm D.E. Shaw has built a position in Riot Platforms and may push it to make changes, two sources familiar with the matter said, making it the second activist shareholder to do so at the cryptocurrency mining company. Reuters could not determine the size of D.E. Shaw's stake in Riot. Representatives for Riot and D.E. Shaw, which oversees $70 billion in assets, declined to comment.

With an ongoing crypto bull market and widespread interest in the asset class among everyone from retirement investors to the government, now's a great time to think about starting a position in some of the sector's leaders. Many investors are familiar with the Solana platform, which is becoming widely known as the place for meme coin investing. More importantly, several catalysts in the coming year or so could send its price soaring, including the potential approval of exchange-traded funds (ETFs) that hold the Solana coin.

The popular meme coin has climbed to its highest levels since 2021.

Institutional investors poured $16.3 billion into bitcoin spot ETFs in the fourth quarter, leading the cryptocurrency to hit new all-time highs.