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Benzinga
Benzinga
Business
Adam Eckert

Trump Media Stock Rises As Bitcoin Purchases Cross $2 Billion

Trump Media Media Bitcoin DJT
Konskie,,Poland,-,February,27,,2025:,Trump,Media,And,Technology

Trump Media & Technology Group Corp (NASDAQ:DJT) shares are moving higher Monday after the company provided an update on its Bitcoin (CRYPTO: BTC) treasury strategy progress.

What Happened: Trump Media announced that it has accumulated approximately $2 billion in Bitcoin and Bitcoin-related securities as part of its previously announced strategy. The company announced plans in May to raise $2.5 billion to establish a bitcoin treasury strategy.

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