Stock Track | Trump Media & Technology (DJT) Plummets 6.70% as Crypto Market Decline Impacts Trump Family Wealth

Stock Track

Nov 15

Trump Media & Technology Group (DJT) saw its stock plummet by 6.70% during intraday trading on Friday, as the broader cryptocurrency market continues to face headwinds. This decline is part of a larger trend affecting crypto-related stocks and tokens associated with the Trump family's investments.

According to recent reports, crypto-tied stocks and tokens owned by President Donald Trump and his family have seen significant drops in the past month, coinciding with Bitcoin's fall from its October 5 high of $126,272. Trump Media & Technology Group, which owns Bitcoin and other tokens and is working on crypto exchange-traded funds, has not been immune to this downturn. The company's stock has lost about 30% of its value since Bitcoin's peak, mirroring similar declines in other Trump family-linked crypto investments.

The impact of this decline extends beyond just DJT stock. President Trump's latest financial disclosure form indicated he indirectly holds nearly 115 million shares of DJT through a revocable trust. At Friday's price, this stake would be worth about $1.3 billion, down from nearly $2 billion in early October. This drop highlights the volatility of crypto-related investments and their potential impact on the Trump family's wealth, which is increasingly tied to the performance of the digital asset market.

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This decline is part of a larger trend affecting crypto-related stocks and tokens associated with the Trump family's investments.</p>\n\n<p>According to recent reports, crypto-tied stocks and tokens owned by President Donald Trump and his family have seen significant drops in the past month, coinciding with Bitcoin's fall from its October 5 high of $126,272. Trump Media & Technology Group, which owns Bitcoin and other tokens and is working on crypto exchange-traded funds, has not been immune to this downturn. The company's stock has lost about 30% of its value since Bitcoin's peak, mirroring similar declines in other Trump family-linked crypto investments.</p>\n\n<p>The impact of this decline extends beyond just DJT stock. President Trump's latest financial disclosure form indicated he indirectly holds nearly 115 million shares of DJT through a revocable trust. At Friday's price, this stake would be worth about $1.3 billion, down from nearly $2 billion in early October. This drop highlights the volatility of crypto-related investments and their potential impact on the Trump family's wealth, which is increasingly tied to the performance of the digital asset market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DJT","symbol_name":"特朗普媒体科技集团","start_time":0,"source_url":"","article_id":"1193725575","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193725575","pubTimestamp":1763146591,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Trump Media & Technology Group (DJT) saw its stock plummet by 6.70% during intraday trading on Friday, as the broader cryptocurrency market continues to face headwinds. 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