Trump Media Stock Spikes After CEO Pens "Naked" Short Letter
https://www.zerohedge.com/markets/share ... ort-letter
The bitcoin position now makes up roughly two-thirds of Trump Media's total liquid assets.
Trump Media intends to use its bitcoin holdings, to protect against potential banking discrimination and integrate with a planned utility token across the Truth Social platform.
Beyond bitcoin, its portfolio includes ETF partnerships, a decentralized finance venture called World Liberty Financial, and the Trump-branded meme coin $TRUMP.
Trump's stake in DJT is worth nearly $2.3 billion, with the assets held in a revocable trust managed by his son, Donald Trump Jr.
Revenue of just $3.68m alongside a net loss of $144.17m.
Trump Media (DJT) and Technology Group announced the record date for its recently-announced digital token initiative will be February 2, 2026.
Ultimate beneficial owners and registered holders of at least one whole share of DJT stock as of the record date will be eligible to receive tokens and associated incentives.
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