Trump Media and Technology Group has announced a share buyback of up to $400 million while still committing to its $2.3 billion Bitcoin treasury plan. The announcement came from CEO Devin Nunes, who emphasized that the share repurchases would not affect the funds allocated for Bitcoin purchases. The company currently holds approximately $3 billion in assets, allowing for flexibility in shareholder returns and strategic opportunities. Trading shares of Trump Media, designated DJT, are currently down 48% for the year amid this increase in crypto involvement. In addition to the buyback, Trump Media is also pursuing financial products linked to cryptocurrency, having filed for two ETFs that focus on Bitcoin and Ethereum. The firm’s crypto endeavors have attracted scrutiny from lawmakers due to concerns over potential foreign interference and financial practices. Despite these challenges, Trump Media's strategic movements continue to center on integrating traditional finance with digital assets.

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