Trump Media is investing $2 billion in Bitcoin. Stocks will skyrocket after announcement
White House AI and Crypto Czar David Sacks discuss the “AI Race Winning” summit, how the US will become a technology leader, and the signature of the Genius Law law law.
President Donald Trump’s media and technology companies have big bets on Bitcoin.
On Monday, Trump Media and Technology Group announced that the company has accumulated around $2 billion in Bitcoin and Bitcoin-related securities.
The new Bitcoin Holdings now accounts for around two-thirds of Trump Media’s total liquid assets, and has announced it is worth around $3 billion In a press release.
“We are implementing our publicly-published strategies strictly and carrying out our Bitcoin financial plans. These assets ensure our financial freedom, protect us from discrimination by financial institutions, and create a synergistic effect with utility tokens that we present across the true social ecosphere.”
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Trump media is trading publicly under the president’s initials “DJT,” and surged at a 9% high following the news. Stocks have grown nearly 4% since the market opened around noon on Tuesday.
On May 27, 2025, a group of servers will see a cutout of President Donald Trump holding Bitcoin at the Bitcoin conference in Venetian Las Vegas, Nevada. (Getty Images)
Trump Media told Fox News Digital: “Companies that support or associate President Trump are subject to elimination and other types of political retaliation throughout the economy.
President Trump is a groundbreaking part of the law that establishes federal regulations surrounding digital currencies by setting cryptocurrencies as the basis of his second administration, and recently signing and establishing the law on Friday to guide and establish the US stubcoin (genius) law.
Before signing the bill, Trump recalled how he had previously vowed to make America. “The Planetary Cryptographic Capital” In a keynote speech at the Bitcoin Conference held in Nashville, Tennessee in July 2024, he said the regulations his administration will implement are “written by people who love your industry and not hating your industry.”
Devin Nunes, CEO of Trump Media & Technology Group, is discussing the surge in DJT after the True Social was released on “Wall Street in Maria Baltiromo.”
“We have pledged to regain America’s freedom and leadership and make the United States the world’s crypto capital,” Trump said Friday. “That’s what we did. And under the Trump administration, this is going even further.”
Trump’s family has also benefited in recent years from its involvement in crypto ventures, including an estimated $500 million through world Liberty Financial and their Trump-related tokens and Memecoin. According to Reuters analysis.
About Fox Business “Morning with Maria” On Tuesday, White House AI and Crypto Czar David Sacks praised the president’s “leadership, vision, determination and skills” on cryptocurrency regulations.
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“Make Money” host Charles Payne explains how genius behaviour creates a regulatory framework for stubcoin.
“He signed the first historic work of cryptography, Genius Law. We had never had it before. It was President Trump who promised to make the United States the capital of the Earth’s cryptocurrency during the campaign. He made this issue a priority,” Sachs said.
“This will allow the dollar to be used online in crypto wallets around the world, and by doing that, we will expand our dollar’s control internationally,” he added.