DJT stock price: Trump Media shares rise on Crypto.com ETF partnership
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Trump Media & Technology Group (DJT) announced a partnership with Crypto.com to develop ETFs under its Truth.Fi brand. The ETFs will focus on digital assets and 'Made in America' securities, potentially including cryptocurrencies like Bitcoin. Despite the exciting announcement, the company reported a $400 million loss in 2024 with only $3.6 million in revenue.
March 25, 2025 | 1:00 pm
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DJT shares rose approximately 9% in after-hours trading following the partnership announcement with Crypto.com to launch ETFs, though the company continues to struggle with significant financial losses.
The partnership provides a potential new revenue stream and innovation narrative for Trump Media, temporarily boosting investor sentiment and stock price. However, the company's substantial financial losses suggest long-term challenges.
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