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Fortune

Christiaan Hetzner

Trump Media erases all 2024 stock gains days before Donald Trump can cash out his $1.95B stake

Donald Trump TMTG Devin Nunes Truth Social

Donald Trump Participates In Fox News Town Hall (Credit: Kevin Dietsch—Getty Images)

Donald Trump is nearing the day he can cash out of Truth Social's parent company, raising concerns of a potential sell-off that could hit the meme stock hard.

On paper, Trump's stake in Trump Media and Technology Group (TMTG) is valued at $1.95 billion, which could help cover his mounting legal fines.

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