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Stock impact report

Trump's Billion-Dollar Bitcoin Blowout Exposed [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
Forbes detailed the series of unfortunate events that resulted in the president and his two sons, Eric Trump and Donald Trump Jr., seeing their crypto investments hemorrhage around $1 billion in the space of a year. The losses stemmed in part from the belief that the price of the volatile cryptocurrency, which stood at around $108,000 in May 2025, would increase by as much as 50 percent over the course of the year. The family, spearheaded by Eric and Donald Jr., then decided to sell off around $1.4 billion of stock and $1 billion of convertible bonds in Trump Media & Technology Group (TMTG), the company that owns the Truth Social platform, and heavily invest in bitcoin. Eric Trump and Donald Trump Jr. have pivoted to heavily investing in cryptocurrency during their father's return to office. / Spencer Platt/Getty Images Despite the cryptocurrency continuing to rise to $119,000 by July 2025 and reaching an all-time high of $126,000 in October, bitcoin went on to record a huge Show less Read more
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