Strategic Partnership with Learfield Fuels Fall Activation In Q1, the Company secured a strategic partnership with Learfield Communications, the media and technology powerhouse in college athletics. Through this agreement, Brag House gains access to more than 200 NCAA collegiate properties, including premier football programs and student communities. Following several successful beta activations, including the inaugural Brag Gators Gauntlet at the University of Florida on May 17, 2025, Brag House is now pre ...

Core Insights - Trump Media and Technology Group has accumulated approximately $2 billion in bitcoin and related assets, significantly increasing its financial profile in the crypto space [1][2] - Bitcoin holdings represent about two-thirds of Trump Media's total liquid assets, indicating a strong reliance on cryptocurrency for its financial health [2] - The company's shares experienced a notable increase, rising as much as 9% upon market opening, reflecting positive investor sentiment [2] Company Developments - Trump's stake in Trump Media is valued at nearly $2.3 billion, showcasing his substantial financial interest in the company [2] - The announcement highlights the extent to which Trump and his family have integrated digital currency into their wealth portfolio, with crypto now constituting a major portion of Trump's net worth [3] Industry Positioning - Trump, previously skeptical about digital currencies, is now advocating for the U.S. to become the world's crypto capital, demonstrating a significant shift in his stance [4] - Actions taken by Trump include signing an executive order to create a "strategic bitcoin reserve," appointing a "crypto czar," and pushing for the passage of various crypto-related legislation [4] - The recent signing of the GENIUS Act into law, which received bipartisan support, further solidifies the administration's commitment to advancing cryptocurrency initiatives [4]

Shares of Trump Media & Technology Group (DJT 3.17%) are falling this week. The company's stock had plummeted 16.7% at 2:16 p.m. ET. The fall comes as the S&P 500 index has risen 1.4% and the Nasdaq-100 index has risen 1.1%.Trump Media announced on Tuesday that it is pursuing a new strategy of Bitcoin accumulation. The company is raising $2.5 billion in a private deal to create what will be the largest Bitcoin reserve held by a private company.Strategy's strategyFollowing in the footsteps of Michael Saylor' ...

Perhaps no stock's performance is more impacted by President Donald Trump's actions than Trump Media & Technology Group (DJT -10.44%). Although the Trump administration's recent tariff policies affected the entire stock market, Trump Media has specifically stated its success depends in part on President Trump's popularity. This has played out in Trump Media's share price, which zoomed up to a 52-week high of $54.68 just days before the presidential election. But economic uncertainty fueled by inflation and ...

Core Viewpoint - Trump Media & Technology Group has raised concerns about potential manipulation of its stock, DJT, suggesting that illegal naked short-selling may be occurring [1][4]. Group 1: Allegations of Manipulation - The memo sent to the SEC claims that U.K.-based hedge fund Qube Research & Technologies has engaged in naked short-selling, with a reported short position of nearly six million shares [4]. - Trump Media asserts that short interest in DJT stock is approximately 11 million shares, showing little change from 10.7 million shares reported on March 31 [4]. - The company has been on Nasdaq's REG SHO Threshold List for two consecutive months in 2024, indicating failures to deliver for more than 10,000 shares [5]. Group 2: Short Interest Data - As of March 31, 2025, short interest in DJT stock was 10,702,096 shares, with an average daily share volume of 4,177,920 and days to cover at 2.56 [6]. - Previous short interest data shows fluctuations, with a peak of 12,316,616 shares on January 31, 2025, and a decline to 11,530,389 shares by February 28, 2025 [6]. Group 3: Historical Context and Responses - This is not the first instance of Trump Media alleging manipulation; CEO Devin Nunes made similar claims in April 2024, but no formal actions were taken by the SEC or NASDAQ [8]. - The company has previously communicated concerns to Congress and NASDAQ regarding stock performance and manipulation allegations [8].