Trump Media Unveils $400M Buyback, Eyes Crypto ETF Expansion

By Habib Ur Rehman | July 09, 2025, 12:35 AM

Trump Media & Technology Group Corp (NASDAQ:DJT) is one of the stocks that Donald Trump owns. On June 23, 2025, Trump Media & Tech (NASDAQ:DJT) announced a share buyback plan of up to $400 million, around 9.9% of shares outstanding. The move sent shares up ~2.6% in early trading, though year-to-date, DJT remains down roughly 45%.

In June 2025, Trump Media also announced plans to launch a Bitcoin and Ethereum ETF, which aims to capitalize on the crypto boom and extend the Truth Social brand into financial products.

Trump Media Unveils $400M Buyback, Eyes Crypto ETF Expansion
Christopher Halloran / Shutterstock.com

The fund would hold 75% Bitcoin and 25% Ethereum, with Crypto.com tapped as the crypto custodian and trade execution partner.

Trump Media & Technology Group (NASDAQ:DJT) is the publicly traded parent company of Truth Social, launched via a SPAC merger with Digital World Acquisition Corp in March 2024.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

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