TMTG Doubles Down on Bitcoin Bet While Launching $400M Share Buyback Frenzy

TMTG just slapped Wall Street with a bullish one-two punch—reaffirming its Bitcoin commitment while deploying a $400 million war chest to buy back shares. Because nothing says 'confidence' like corporate treasury moves during a crypto winter.

Bitcoin or Bust: TMTG's Crypto Gambit

While legacy firms hedge, TMTG's doubling down on digital gold—timing that $400M buyback like traders front-running a Fed announcement. The move screams long-term conviction (or desperate PR optics—take your pick).

Buyback Bonanza Meets Blockchain Faith

That $400M isn't just sitting in some money market fund. TMTG's clearly betting shareholder value and Bitcoin's trajectory are intertwined. Either genius synergy or reckless correlation play—Wall Street's still placing bets.

Closing Thought: In a world where companies buy back shares like meme-stock day traders, at least TMTG's throwing some of that cash at sound money. Your move, Jamie Dimon.

Digital assets push

In May, Trump Media announced it had secured about $2.3 billion specifically to purchase Bitcoin, reinforcing President Trump’s broader embrace of cryptocurrency.

The company has also submitted filings for two Truth Social-branded crypto ETFs: one investing solely in Bitcoin and another split between Bitcoin and ethereum (ETH).

President Donald Trump’s expanding crypto ventures have attracted increased attention in Washington, with lawmakers questioning potential risks related to campaign fundraising and conflicts of interest.

Last week, financial disclosures showed the President earned more than $57 million from his blockchain venture, World Liberty Financial, days before reports emerged that his family’s stake in the company had been trimmed.

Rumors about a Truth Social crypto wallet and token remain unresolved after the company denied near-term plans earlier this year. Meanwhile, Bitcoin hovered NEAR $101,779 on Monday, down nearly 6% in the past day.