Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss
Trump Media & Technology Group’s stock now trades around $8.93. That number tells a story on its own. The parent company of Truth Social once peaked at $97.50 a share back in early 2022, and it has shed more than 90% of its value since then. Related Reading: Tether Ramps Up Wallet Freezes, Blocking Over […]
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As the highly anticipated markup of the crypto market structure bill approaches, the White House’s top crypto advisor has slammed the banking industry’s CEOs amid efforts to reopen the stablecoin rewards debate. Related Reading: Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss ABA CEO Urges Banks To Block Stablecoin Rewards On Sunday, the […]
Trump Media-linked wallets deposited 2,650 Bitcoin, worth roughly $205 million, into Crypto.com, according to on-chain trackers, triggering speculation that the Truth Social parent has sold another tranche of its Bitcoin treasury. The transfer matters because Trump Media’s Bitcoin position was built near much higher levels, leaving the company exposed to one of the more visible […]
Europe’s second-largest Bitcoin treasury company just got a significant cash injection. Capital B, listed on the French stock exchange, has raised 15.2 million euros — roughly $17.8 million — through a private share placement, with notable backing from Blockstream CEO Adam Back and Paris-based asset manager TOBAM. Related Reading: Trump Media’s Crypto Bet Implodes With […]
Trump Media-linked Truth Social Bitcoin ETF, B.T. has asked the US Securities and Exchange Commission to withdraw its spot Bitcoin ETF registration, ending, at least for now, one of the more politically visible attempts to enter the already crowded US Bitcoin fund market. The withdrawal request, dated May 19, 2026, was addressed to the SEC’s […]
Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on the same day. Trump Media Secures $2.5 Billion For Bitcoin Treasury The substantial funding includes $1.5 billion in common stock and $1 billion in convertible notes, with the proceeds designated for the purchase of bitcoin, which will now be a core asset in the company’s treasury. Trump Media....