tldr; After Trump returned to the White House in 2025, his sons steered Trump Media into a huge crypto gamble, raising $2.4 billion through stock and bonds to buy bitcoin and later Cronos near market highs. When crypto prices fell, the holdings dropped to about $1.4 billion, roughly $1 billion below cost. The bet also added debt, hurt Trump Media shares, and cut the value of Donald Trump’s personal stake by an estimated $1.6 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Acceptable_Staff3105 on
$1B dollars, trump’s bitcoin blunder
ecky--ptang-zooboing on
They scammed it all back with $TRUMP, $MELANIA, $WLFI
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tldr; After Trump returned to the White House in 2025, his sons steered Trump Media into a huge crypto gamble, raising $2.4 billion through stock and bonds to buy bitcoin and later Cronos near market highs. When crypto prices fell, the holdings dropped to about $1.4 billion, roughly $1 billion below cost. The bet also added debt, hurt Trump Media shares, and cut the value of Donald Trump’s personal stake by an estimated $1.6 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
$1B dollars, trump’s bitcoin blunder
They scammed it all back with $TRUMP, $MELANIA, $WLFI