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Benzinga
Benzinga
Business
Henry Khederian

Trump Media (DJT) Stock Is Climbing Tuesday: What's Driving The Action?

Donald Trump DJT Media Trump Media Trump Media Technology Group Corp Bitcoin Crypto Cryptocurrency Truth Social
Konskie,,Poland,-,February,27,,2025:,Trump,Media,And,Technology

Shares of Trump Media & Technology Group Corp (NASDAQ:DJT) are trading higher Tuesday morning, extending gains after the company announced an update to its cryptocurrency strategy. Here’s what investors need to know.

What To Know: On Monday, the parent company of Truth Social revealed it has accumulated approximately $2 billion in Bitcoin (CRYPTO: BTC) and Bitcoin-related securities. This move is part of a previously announced plan to establish a substantial digital asset treasury.

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