Trump Media & Technology Group Plans $3 Billion Crypto Investment Amid Insider Stock Sales

The Trump Media & Technology Group is planning to raise around $3 billion to invest in cryptocurrencies, stirring excitement and concern among traders on platform X. Insiders have sold $DJT stock exclusively, revealing potential lack of confidence. Several hedge funds have adjusted their positions, with a mix of significant increases and decreases in holdings recently reported.

Recent chatter on social media platform X has sparked considerable debate surrounding the Trump Media & Technology Group (DJT) and its ambitious plan to raise about $3 billion to invest in cryptocurrencies such as Bitcoin. Various news reports indicate that many users are buzzing with speculation over how this move might affect the stock’s value. Excitement is palpable as some traders harken Bitcoin’s soaring prices as a potential gateway to significant profits. This nexus of political commentary and cryptocurrency fervour seems primed to stir volatility in the near future.

Yet it’s not all rosy; a wave of skepticism coats portions of the discussion. Concerns linger about where DJT currently stands financially, especially after reporting a substantial $327.6 million net loss in the first quarter of 2024. Analysts worry about stock dilution that could arise from new equity and convertible bond issuance as well as the unpredictable nature of cryptocurrencies themselves. This blend of hope and hesitation is making for a highly charged debate among users on the platform.

In terms of insider trading, recent reports reveal that Trump Media & Technology Group insiders have engaged in 18 stock transactions over the past six months, all of which were sales—none were purchases. Notably, CFO Phillip Juhan has sold 66,064 shares, reaping around $1.65 million. CEO Devin G. Nunes, in a similar vein, sold 59,483 shares, netting nearly $1.57 million. Other executives, including General Counsel Scott Glabe and CTO Vladimir Novachki, have also offloaded shares without any recorded purchases, raising eyebrows about confidence within the company’s leadership.

Meanwhile, hedge funds remain active in the company’s stock movements, with 133 institutional investors increasing their holdings while 142 chose to decrease them in the recent quarter. Among the noteworthy actions, Citadel Advisors LLC dramatically slashed its holdings by 688,845 shares in Q1 2025, a reduction of over 71%. Conversely, Goldman Sachs added a striking 608,945 shares, a whopping increase of over 1100%. These shifts highlight a noticeable divide in institutional sentiment regarding DJT.

This article is not intended as financial advice; it merely presents observations based on recent data. For additional insights and updates, readers are encouraged to review Quiver Quantitative’s disclaimers regarding possible inaccuracies and ticker-mapping errors.

Originally published by Quiver News, this insights piece reflects the opinions of its author, and does not necessarily align with Nasdaq, Inc.’s views.