Recent discussions on X about Trump Media & Technology Group (DJT) have been ignited by the company's announcement of a plan to raise approximately $3 billion to invest in cryptocurrencies like Bitcoin, as reported by various news outlets. Many users on the platform are buzzing with speculation about how this bold pivot could impact the stock, with some expressing excitement over the potential for significant gains amid Bitcoin's near-record highs. The conversation is lively, with traders noting the intersection of political narratives and crypto enthusiasm as a potential catalyst for volatility.
However, there is also a notable undercurrent of concern among discussants on X regarding the risks tied to this strategy, especially given the company's reported financial struggles, including a $327.6 million net loss in Q1 2024. Skeptics are highlighting the potential for stock dilution from the planned equity and convertible bond issuance, as well as the inherent volatility of cryptocurrencies. This mix of optimism and caution has created a dynamic and engaging debate across the platform.
Note: This discussion summary was generated from an AI condensation of post data.
Trump Media & Technology Group Insider Trading Activity
Trump Media & Technology Group insiders have traded $DJT stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.
Here’s a breakdown of recent trading of $DJT stock by insiders over the last 6 months:
- PHILLIP JUHAN (CFO and Treasurer) has made 0 purchases and 7 sales selling 66,064 shares for an estimated $1,653,632.
- DEVIN G. NUNES (CEO, President, Chairman) has made 0 purchases and 2 sales selling 59,483 shares for an estimated $1,573,792.
- SCOTT GLABE (General Counsel and Secretary) has made 0 purchases and 4 sales selling 57,995 shares for an estimated $1,533,634.
- VLADIMIR NOVACHKI (Chief Technology Officer) has made 0 purchases and 2 sales selling 17,823 shares for an estimated $471,601.
- ERIC SWIDER has made 0 purchases and 3 sales selling 18,000 shares for an estimated $376,400.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Trump Media & Technology Group Hedge Fund Activity
We have seen 133 institutional investors add shares of Trump Media & Technology Group stock to their portfolio, and 142 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 688,845 shares (-71.5%) from their portfolio in Q1 2025, for an estimated $13,460,031
- GREENWICH WEALTH MANAGEMENT LLC removed 681,134 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $23,226,669
- CAPITAL FUND MANAGEMENT S.A. added 659,317 shares (+inf%) to their portfolio in Q1 2025, for an estimated $12,883,054
- GOLDMAN SACHS GROUP INC added 608,945 shares (+1151.9%) to their portfolio in Q1 2025, for an estimated $11,898,785
- MELQART ASSET MANAGEMENT (UK) LTD removed 549,106 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $10,729,531
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 537,157 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $10,496,047
- INVESCO LTD. removed 447,957 shares (-87.4%) from their portfolio in Q1 2025, for an estimated $8,753,079
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
