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Trump media: action jumped thanks:
Trump Media (DJT) saw its action jump more than 5% on Monday. Nevertheless, after the announcement of the acquisition of 2 U US $ in bitcoins and linked titles.
• Read also: Crypto Trump: The President’s Empire garnered the millions at full speed
This performance confirms the. In addition, meteoric acceleration of the crypto empire of the President of the United States.
With this purchase, exposure to cryptocurrencies now represents two -thirds of US $ 3 billion in the company’s total assets. Furthermore, “We are rigorously implementing our publicly announced strategy. ” confirms his CEO, Devin Nunes, stressing that these assets “guarantee our financial freedom”.
This acquisition is part of the plan unveiled in May to transform Trump Media into a “Bitcoin cash company”. a strategy popularized by Michael Saylor, from Microstrategy, since 2020.
Trump Media has trump media: action jumped thanks also allocated an additional $ 300 million to an “Bitcoin -related securities option strategy”.
The figures illustrate the revolution operated within the Trump Empire: for $ 34 million in real estate income in 2024. Crypto activities generated between US $ 620 million and US $ 7.1 billion, according to the Bloomberg and the New York Times.
This transformation places cryptocurrencies, nonexistent before 2024, between 10% and 71% of the presidential portfolio.
“Bitcoin, it looks like a scam. I don’t like it because it’s another currency that competes for the dollar, “said Trump in 2021.
The NASDAQ DJT action is nevertheless volatile. It has dropped by 25% since the announcement of the Bitcoin strategy at the end of May. 45% since the beginning of 2025. The company continues its US $ 2.5 billion plan to extend its crypto acquisitions, while an ETF Bitcoin Truth Social awaits regulatory approval.
trump media: trump media: action jumped thanks action jumped thanks — Trump media: action jumped thanks: Trump Media (DJT) saw its action jump more than 5% on Monday. after the announcement of the acquisition of 2 U US $ in bitcoins and linked titles. • Read also: Crypto Trump: The President’s Empire garnered the millions at full speed This p.
Trump media: action jumped thanks
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