Trump Media & Technology Group Surges to 61st in Trading Volume with $12.09 Billion Day

Generado por agente de IAAinvest Volume Radar
martes, 27 de mayo de 2025, 8:00 pm ET1 min de lectura
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On May 27, 2025, Trump MediaDJT-- & Technology Group (DJT) saw a significant trading volume of $12.09 billion, marking a 1077.06% increase from the previous day. This surge placed DJTDJT-- at the 61st position in terms of trading volume for the day. However, the stock price of DJT experienced a decline of 10.38%.

Trump Media & Technology Group has announced a significant $2.5 billion deal to establish a Bitcoin treasury. This deal, expected to close by May 29, 2025, involves a $1.5 billion stock issuance and $1 billion in convertible notes. The company views this move as a strategic step to secure financial freedom and protect against potential harassment or discrimination from financial institutionsFISI--. The Bitcoin treasury will be managed with the help of Crypto.com and Anchorage Digital, who will provide custody services.

This initiative is part of Trump Media's broader strategy to evolve into a holding company, acquiring additional profit-generating assets that align with America First principles. The company has previously announced plans to launch Truth.Fi, a platform offering financial services and products, including multiple investment vehicles. Additionally, Trump Media has partnered with Crypto.com to offer exchange-traded funds (ETFs) focused on digital assets and a basket of cryptocurrencies, including Bitcoin.

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