Will Trump Media Stock Join Crypto Stock Winners After Bitcoin Treasury Move?

[Redator]

Trump Media stock ($DJT) is no longer just chasing clicks from the MAGA faithful; it is now a stock with teeth, sniffing blood in the Bitcoin pool.

The company announced a $2.5 billion capital injection led by institutional investors, with plans to park a major portion in Bitcoin—a corporate treasury play that mirrors stocks like MicroStrategy and Tesla.

(DJT)

Exploring Trump Media’s Stock Performance

Roughly 50 institutional players are backing Trump Media’s $2.5 billion push, split between stock and convertible debt. The goal: stack Bitcoin at scale.

It’s earmarked for one of the most aggressive Bitcoin treasury moves to date. Anchorage Digital and Crypto.com will handle custody.

Devin Nunes, Trump Media’s CEO, called bitcoin an “apex instrument of financial freedom,” stating: “This is the first of many ‘crown jewel’ acquisitions we’ll pursue.”

BREAKING: Devin Nunes, CEO and Chairman of Trump Media, stated, “We consider Bitcoin the ultimate symbol of financial liberty, and moving forward, Trump Media will integrate cryptocurrency as a key component of our asset portfolio.” pic.twitter.com/ESutqRdhMp

— Watcher Oracle (@WatcherOracle) May 28, 2025

Nunes emphasized that holding bitcoin gives the company a defensive tool against “discrimination by financial institutions” targeting conservative businesses.

Key Technical Analysis of Trump Media’s Stock:

Despite the high-profile announcement, Trump Media’s stock remains volatile. Shares saw a sharp drop of 10% following the news and are down 30% year-to-date.

Here’s what the TA looks like for DJT:

• Support Levels: Strong support zones lie between $23.20 and $23.60, with deeper support at $22.00.
• Resistance: The first major resistance sits at $24.50, followed by $25.75 near the 200-day SMA.
• Moving Averages: A bearish death cross has formed, with the 20 SMA at $23.52 and the 200 SMA at $24.31.

Personally I am not bullish $djt but for some reason sentimental reason maga supporters are bullish I believe $13 is an ideal buy zone pic.twitter.com/V8Y8BQyzy8

— Rice cooker (@anytimeFXmetal) May 27, 2025

99Bitcoins analysts are watching for a potential recovery if shares can reclaim the $24.50–$25.00 range. While short-term trends lean bearish, a rounded bottom is forming hinting at stable prices soon.

Spotlight on the Bitcoin 2025 Conference

Another flashpoint is the Bitcoin 2025 conference, which we are attending by the way, come say hi! — and where the Trump administration is doubling down on its crypto-friendly image.

The speaker list reads like a GOP-crypto crossover special—Vice President JD Vance, Donald Trump Jr., Eric Trump, and MicroStrategy’s Michael Saylor are all slated to take the stage starting with JD today.

“Vice President JD Vance keynote confirmed on May 28 at 9:00 AM,” announced organizers.

Despite efforts to rebrand Bitcoin as politically neutral, crypto in 2025 remains tethered to the GOP, cemented by Trump Media’s $2.5 billion war chest and a conference lineup straight from conservative central casting.

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

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Key Takeaways

• Trump Media stock ($DJT) is no longer just chasing clicks from the MAGA faithful; it is now a stock with teeth, sniffing blood in the Bitcoin pool.
• Another flashpoint is the 2025 BTC conference where the Trump administration is doubling down on its crypto-friendly image.

The post Will Trump Media Stock Join Crypto Stock Winners After Bitcoin Treasury Move? appeared first on 99Bitcoins.