Trump Media Shuffles Bitcoin, Stock Surges
Update: 2025-12-24
Description
Trump Media, owner of Truth Social, recently moved around $12 million worth of bitcoin, primarily to Coinbase Prime Custody, suggesting a reserve reshuffle rather than a sell-off. Bitcoins price remained stable, while Trump Medias stock surged over 30% in the past five trading days. This activity indicates Trump Medias active management of its bitcoin holdings and its expanding interest in financial products and digital assets.
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