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Wajeeh Khan

Trump Media Is Becoming a Crypto Treasury Company. How Should You Play DJT Stock Here?

DJT Trump Media Crypto Cryptocom TMTG

Trump Media (DJT) stock closed higher on Tuesday after announcing an agreement with Yorkville Acquisition Corp (YORK) and Crypto.com to set up a crypto treasury company. 

In a regulatory filing today, the media-tech firm said it will pay $50 million in cash and 2.8 million of its shares to Crypto.com in exchange for nearly 685 million CRO (CROUSD), the native token of the Cronos blockchain. 

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