Trump Media’s $2 Billion Bitcoin Buy Sparks Surge In Stock Price

Trump Media experienced a notable uptick in its stock price (DJT) on Monday, closing up 3% after an intraday rise exceeding 5% to reach $19,25 per share. This surge followed the company’s announcement that it had invested $2 billion in Bitcoin (BTC). Two-Thirds Of Assets To Bitcoin Treasury The media group, which encompasses President Donald Trump’s social media platform Truth Social, the streaming service Truth+, and the financial services brand Truth. Fi, revealed that the recent cryptocurrency purchases align with a strategy initially outlined in May to establish a Bitcoin treasury source: https://www.newsbtc.com/bitcoin-news/trump-medias-2-billion-bitcoin-buy-sparks-surge-in-stock-price/