Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement

Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement. 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. …