Trump Media & Technology Group Corp.’s Bold Investment Decision Sparks Controversy and Market Impact
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**Trump Media & Technology Group Corp. (DJT) Stock: Dips as $300M Bitcoin Options Bet Sparks Ethical Debate**
A recent revelation has sent shockwaves through the financial community, as Trump Media & Technology Group Corp.’s (DJT) bold decision to invest a staggering $300 million in Bitcoin-related options has sparked an ethical debate. The company’s stock has subsequently taken a dip, trading at $18.92 as of 11:04 AM EDT.
This extraordinary move marks a significant shift for DJT, with its portfolio now comprising nearly two-thirds of liquid assets tied to cryptocurrency reserves. Trump Media’s decision to aggressively pursue Bitcoin-linked options further blurs the lines between corporate decision-making and political influence. The company’s involvement in both media and crypto continues to invite scrutiny amid its expanding financial activities.
Industry experts have flagged potential ethical concerns arising from DJT’s dual roles, pointing out that such a move introduces more complex risks compared to holding Bitcoin directly. As Trump Media expands its digital assets portfolio, analysts are now under pressure to evaluate the consequences of this $300 million bet on Bitcoin options.
In related news, Metaplanet Inc.’s (3350.T) stock has doubled down on crypto with a massive 780 BTC buy, setting its sights on reaching the elusive 100K milestone by year-end.
Source: coincentral.com
