DJT Stock Rockets 30% as Trump Media Bets $3B on Crypto—Wall Street Rolls Eyes
Trump Media & Technology Group (DJT) shares skyrocketed after announcing a $3 billion plunge into digital assets—because nothing says ’stable growth’ like gambling with volatile internet money.
The move sent shockwaves through legacy finance circles, where analysts muttered about ’distraction plays’ while retail traders piled in. Can a meme-stock-meets-crypto hybrid defy gravity? Stay tuned.
TLDR
- Trump Media Eyes $3B Crypto Splash
- Truth.fi to Launch MAGA-Themed Crypto ETFs
- Bitcoin Pops to $109K on Trump Hype
- Trump Family Goes Full Crypto Mode
- Regulators Watch as Trump Bets on DeFi
Trump Media & Technology Group Corp. (DJT) shares show a volatile trend with fluctuations between $24 and $25.25. This was followed by a sharp rally on May 23, which pushed the stock up 4.64% to close at $25.72, with a slight after-hours increase to $25.75.
Trump Media & Technology Group Corp. (DJT)
Trump Media Targets Aggressive Crypto Expansion
Trump Media & Technology Group has announced plans to raise $3 billion for large-scale cryptocurrency investments. The company aims to secure $2 billion through equity sales and $1 billion from convertible bonds. This move marks one of a U.S. media firm’s most significant fundraising efforts targeting digital assets.
The capital raise is expected to support new ventures in crypto-focused financial products. Additionally, the funds will help the company expand its blockchain presence and diversify revenue streams. The capital raise may be announced during this week’s Bitcoin 2025 conference in Las Vegas.
Trump Media operates Truth Social and recently launched Truth.fi, a platform for crypto-linked investment products. The firm’s plan aligns with the Trump family’s growing interest in the crypto sector. Moreover, its strategy mimics public firms like MicroStrategy, which hold large bitcoin reserves.
Bitcoin Gains Momentum Amid Trump Crypto Push
Bitcoin showed substantial gains following reports of Trump Media’s $3 billion crypto strategy. The cryptocurrency rose 1.57% in the last 24 hours to trade at $109,185.78. It peaked slightly above $110,000 before a minor retreat, signaling renewed investor interest.
Source: CoinMarketCap
The asset maintains a market cap of $2.16 trillion, supported by a $47.23 billion trading volume. With 19.87 million BTC already in circulation, market confidence remains high. The news of the large corporate investment plan has added momentum to Bitcoin’s recent rally.
MicroStrategy set a precedent by buying Bitcoin through debt and equity sales. TRUMP Media is following a similar playbook to gain exposure to digital assets. Consequently, analysts expect more firms to adopt this strategy if Bitcoin continues to rise.
Truth.fi and ETF Plans Advance Crypto Strategy
Trump Media is also pushing ahead with plans for exchange-traded funds based on crypto and energy investments. Its financial platform, Truth.fi, has signed agreements to offer these products in partnership with Crypto.com. These ETFs will reflect Trump’s America First agenda and appeal to aligned investors.
The company seeks to connect its political influence with financial innovation in the crypto space. These developments show an apparent effort to capitalize on the growing demand for decentralized assets. However, the moves have triggered scrutiny from regulators and ethics watchdogs.
Despite criticism, Trump Media remains committed to expanding in financial services and decentralized finance. The firm has also backed NFT projects and meme coins under the TRUMP and MELANIA tickers. These efforts reinforce the group’s plan to integrate digital assets into its broader media and political ecosystem.
Trump Family Deepens Crypto Market Involvement
The Trump family has increased its engagement in crypto through events, partnerships, and digital asset endorsements. Donald Trump hosted over 200 investors in a dinner celebrating his official meme coin. This event aimed to build investor momentum and strengthen token visibility.
Eric and Donald Jr. are expected to speak at upcoming crypto conferences to promote their digital asset vision. Their involvement shows coordinated efforts to align personal branding with crypto expansion. Meanwhile, the family continues to support DeFi projects like World Liberty Financial.
These actions highlight a broader trend of political figures moving into the digital economy. Trump Media’s capital raise and product launches show long-term ambitions in this field. The next phase will depend on how markets and regulators respond to these bold moves.
