Tagged: trump media

Trump Media Authorizes $400 Million Share Buy Back

Trump Media (Nasdaq, NYSE, Texas: DJT), the namesake company of President Donald Trump and creator of Truth Social, says its Board of Directors has authorized up to $400 million of the company’s shares. Trump Media currently has a market cap of $4.96 billion. Shares of… Read More

Trump Media Advances Toward Bitcoin ETF with NYSE Filing

Trump Media & Technology Group (NASDAQ:DJT), the parent company of Truth Social, has taken a notable step by filing for a spot Bitcoin exchange-traded fund (ETF) through NYSE Arca, the electronic trading arm of the New York Stock Exchange. This filing marks a pivotal moment… Read More

Trump Media Closes on Private Placement Raising $2.44 Billion

Trump Media (NASDAQ:DJT) has closed on a private placement raising $2.44 billion in new capital. The funds will be utilized to pursue a Bitcoin treasury strategy. The funds raised included $1.44 in equity capital, at a price of $25.72 per share, and $1 billion in… Read More

Trump Media to Purchase Bitcoin, Set to Raise $2.5 Billion, Crypto.com, Anchorage to Provide Custody.

Trump Media  (Nasdaq, NYSE, Texas: DJT) is planning to purchase Bitcoin and is raising $2.5 billion to execute the mission. In a public statement issued earlier today, Trump Media said has entered into subscription agreements with around 50 institutional investors, to issue and sell approximately… Read More

Trump Media Files Trademark for TRUTHFI, a Digital Wallet and Payments Provider

On November 18th, Trump Media (NASDAQ:DJT) filed a Trademark application for TRUTHFI, a crypto service. This report follows the news that Trump Media was in discussion to acquire Bakkt (NYSE:BKKT), a crypto trading platform controlled by ICE, the parent company of the New York Stock Exchange…. Read More

Bakkt Quiet on Rumors of Acquisition by Trump Media

Shares of Bakkt (NYSE:BKKT) continue to trade higher following a report by the FT that the crypto firm may be in talks to be acquired by Trump Media. Bakkt, founded by ICE – the parent company of the NYSE, once had high hopes of becoming… Read More

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