Trump Media Confirms $2.3B Bitcoin Treasury Plan Amid $400M Stock Buyback👀♥️🚀

Trump Media unleashes a $400 million stock buyback, powering ahead with its $2.3 billion bitcoin treasury plan and accelerating its high-stakes push into digital assets.💰📉

Trump Media Launches $400M Buyback as Bitcoin Treasury Plan Stays Full Speed Ahead.🔻🔻

Trump Media Confirms $2.3B Bitcoin Treasury Plan Amid $400M Stock Buyback

Trump Media unleashes a $400 million stock buyback, powering ahead with its $2.3 billion bitcoin treasury plan and accelerating its high-stakes push into digital assets.

Trump Media Launches $400M Buyback as Bitcoin Treasury Plan Stays Full Speed Ahead

Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the media company founded by President Donald Trump, announced on June 23 that its board has authorized a $400 million stock buyback while confirming that its previously announced bitcoin treasury plan remains unchanged. The company operates a range of businesses, including the social media platform Truth Social, the streaming service Truth+, and the financial technology brand Truth.Fi. Trump Media explained:

The Share Repurchase Authorization would be funded separately from, and would not alter, Trump Media’s previously announced bitcoin treasury strategy, which featured a private placement offering of approximately $2.3 billion in the aggregate.

The Sarasota-based company stated that the board approved the repurchase of common shares and warrants through open market transactions. Repurchased shares will be retired, and the company retains full control over the process in compliance with U.S. Securities and Exchange Commission (SEC) regulations.