Trump Media Shuffles Bitcoin, Stock Surges

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.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.