Trump Media buys $2 billion in Bitcoin for crypto treasury plan, US President’s stake in company now worth $2.3 billion

The Trump Media Group has accumulated Bitcoins worth $2 billion in its treasury amid continued efforts to establish a strong crypto asset base. Shares of the company jumped nearly 9% in trade after the news broke on Monday morning. The DJT stock reached a high of $20.38 after closing at $18.67 on July 18. US President Donald Trump — who owns more then a 50% stake in the company — has also seen his share become worth nearly $2.3 billion.