Here’s why Trump Media stock price is soaring today

Trump Media (NASDAQ: DJT) surged at the opening bell on Monday after announcing that its Bitcoin treasury program has swelled to approximately $2 billion in combined holdings of Bitcoin and Bitcoin-related securities. The company, which operates Truth Social, revealed in a press release that the crypto-heavy strategy now accounts for roughly two-thirds of its $3 billion in liquid assets. In addition to direct Bitcoin exposure, Trump Media has allocated $300 million for purchasing options tied to Bitcoin-linked equities, which it may eventually convert into spot Bitcoin depending on market conditions. DJT shares rose 8 source: https://finbold.com/heres-why-trump-media-stock-price-is-soaring-today/