Trump Media Authorizes $400M Stock Buyback, Separate from Bitcoin Strategy
Trump Media & Technology Group has authorized a $400 million stock buyback program, entirely separate from its $2.3 billion Bitcoin treasury strategy. The initiative aims to support shareholder value following recent share price declines.
This stock buyback program may boost shareholder confidence and stabilize shares, while the Bitcoin strategy indicates a significant digital asset market entry, possibly impacting Bitcoin's market dynamics.
Trump Media & Technology Group, led by Donald J. Trump, has embarked on a $400 million stock buyback program.