Silicon Investor - DWAC/DJT: Truth Social goes public

[kidl] None of this nonsense works anymore. Looking forward to Trump's exit strategy.

kidl — 2/27/2026 3:42:29 PM

[Jhana] LOL the goofy stunts just don't stop.....

Jhana — 2/27/2026 9:19:29 AM

[Jhana] Oops.... TMTG executed this strategy by issuing 55.8 million new DJT shares, wh...

Jhana — 2/19/2026 6:28:54 PM

Oops....

TMTG executed this strategy by issuing 55.8 million new DJT shares, which diluted the value of existing stock, and issuing $1 billion in zero interest convertible notes.

This turned out to be a massive mistake. By December 2025, TMTG had purchased 11,542 Bitcoin at an average price of $108,000. The price of Bitcoin has since collapsed to about $67,000, generating an unrealized loss of about $472 million.

[Ron] How Trump Media Collapsed popular.info at this point its more of a megaphone t...

Ron — 2/19/2026 5:10:39 PM

How Trump Media Collapsed
popular.info

at this point its more of a megaphone than it is anything else...

[kidl] I went to AI (Perplexity) to find out who actually owns DJT. Pending how I ask ...

kidl — 2/17/2026 7:01:42 PM

I went to AI (Perplexity) to find out who actually owns DJT. Pending how I ask the question I get different answers all leading to more questions..

Who owns the majority of DJT?

Trump Media & Technology Group (DJT) owns the majority stake in DJT, the stock for Truth Social's parent company. Donald Trump, as the current president, holds beneficial ownership of about 53% of shares (roughly 114.75 million) through the Donald J. Trump Revocable Trust, where he is the sole beneficiary.

Ownership Breakdown

Public companies and retail investors control 84.94% overall, but no single non-insider entity exceeds Trump's position. Vanguard Group holds 4.09%, United Atlantic Ventures 3.42%, and BlackRock 1.71%; institutions total under 15%.

Key Details

Trump's shares were transferred to his revocable trust in late 2024 ahead of inauguration, maintaining his control without direct ownership.?
Insiders collectively hold around 41-53%, dwarfing institutional (e.g., 8-9%) and mutual fund/ETF stakes.?

What is Trump's cost of DJT shares?

Trump's DJT shares in Trump Media & Technology Group stem from his founding role, with no public disclosure of a specific per-share purchase "cost" as they weren't bought on the open market. He holds about 114.75 million shares (roughly 41% ownership, now in a revocable trust he solely benefits from), transferred in December 2024 when the stock traded around $35.41, valuing them at over $4 billion then.

Current Value

As of mid-February 2026, DJT trades near $10 per share, putting Trump's stake's market value at roughly $1.26 billion.

Ownership Details

Direct/indirect ownership: 114.75 million shares via Donald J. Trump Revocable Trust.?
Managed by Donald Trump Jr., with Trump as sole beneficiary.?
Recent insider activity shows executives selling at prices from $10–$17, but no Trump sales.?

[Jhana] I see it traded down to 9.90 late in the day despite a new ETF plan just last we...

Jhana — 2/17/2026 5:54:45 PM

I see it traded down to 9.90 late in the day despite a new ETF plan just last week. My bet is the open tomorrow won't look good.

[Ron] DJT dropped to 9.80 after hours-- I think 'earnings' were due sometime this week...

Ron — 2/17/2026 4:12:40 PM

DJT dropped to 9.80 after hours-- I think 'earnings' were due sometime this week, but I don't see any.

[Jhana] So what do they announce next when the 52-week low breaks? Moving under 10 will ...

Jhana — 2/17/2026 12:54:27 PM

So what do they announce next when the 52-week low breaks? Moving under 10 will be a pretty hefty psychological blow since the stock is really worth pennies or less.

[Jhana] I'd be surprised if this chart lasts more than a couple more weeks with tech and...

Jhana — 2/5/2026 5:48:42 PM

I'd be surprised if this chart lasts more than a couple more weeks with tech and Bitcoin selling off.

Should be under a buck by November absent a new scam.

[kidl] They’ll come up with something likely before the midterms. Obvious targets are ...

kidl — 2/5/2026 1:47:59 PM

They’ll come up with something likely before the midterms. Obvious targets are …

Free ride on Gaza real estate deal

Free ride on Greenland and Ukraine resource deals

[Jhana] The slump returns. What weird business line will they announce next?

Jhana — 2/5/2026 1:09:33 PM

[kidl] DJT Stock Surges 45% After Merger Announcement

kidl — 12/19/2025 1:29:53 PM

[Jhana] Officially in Stupid Land now. I'll bail out on this bizarre sideshow. By Robe...

Jhana — 12/19/2025 12:46:36 PM

Officially in Stupid Land now. I'll bail out on this bizarre sideshow.

By Robert Cyran

NEW YORK, Dec 18 (Reuters Breakingviews) - Donald Trump is wrapping up a wild year of M&A with his own personal bow. The U.S. president's social media venture, Trump Media & Technology DJT.O, unveiled plans on Thursday to merge with nuclear fusion wannabe TAE Technologies in a $6 billion deal. It's a fitting preview of the folly yet to come.

Trump Media runs Truth Social, where the commander-in-chief regularly expresses himself, and carried $1.6 billion of cryptocurrency on its balance sheet at the end of September. The company, in which a Trump revocable trust holds 52% of the vote, racked up more than $140 million of expenses over the first nine months of 2025 with less than $3 million in revenue. Its self-proclaimed competency is “large capital raises and complex regulatory processes.”

On that silly basis, TAE makes a suitable partner. It brings “27 years of fusion research,” and aims to generate power using the atom-combining technology in 2031. It's an ambitious target considering that NextEra Energy, one of the largest nuclear operators, said this summer that building new plants using proven fission technology would probably take a decade. Fusion's promise of unlimited clean power has been just over the horizon since a project under Argentine President Juan Peron in the 1950s.

Progress has been made, but any arrival date or commercial terms are complete guesses. Trump Media and TAE shared precious little financial detail and refused to take questions following an eight-minute phone call with investors. If fusion doesn’t pan out, maybe the cancer therapy TAE says it's developing will provide a Plan B.

[Jhana] Definitely roasted and toasted the shorts today. That was probably the main sho...

Jhana — 12/18/2025 3:41:35 PM

Definitely roasted and toasted the shorts today. That was probably the main short-term aim.

[kidl] Trump Media announces $6bn merger plan with fusion power company | Media | The G...

kidl — 12/18/2025 10:24:08 AM

Trump Media announces $6bn merger plan with fusion power company | Media | The Guardian

[kidl] Someone will surely put this deal under a microscope. I look forward to the repo...

kidl — 12/18/2025 10:15:46 AM

Someone will surely put this deal under a microscope. I look forward to the report.

[Jhana] Give them credit, merging with a private company that may have an actual busines...

Jhana — 12/18/2025 9:41:24 AM

Give them credit, merging with a private company that may have an actual business keeps the props under this scam a good while longer while promising an infinite number of future products to make everyone rich.

[Jhana] IOW, all of Trump Media's business ideas have failed, so now try a unicorn produ...

Jhana — 12/18/2025 7:53:36 AM

IOW, all of Trump Media's business ideas have failed, so now try a unicorn product?

ROFLMAO

"The deal intends to combine Trump Media & Technology’s “access to significant capital” and TAE’s “leading fusion technology” to supply power for the artificial-intelligence technology boom."

[Jhana] When a chart has no support left.......

Jhana — 11/17/2025 10:26:17 AM

[kidl] It’s satisfying to se this but I strongly suspect that only the ignorant will g...

kidl — 11/14/2025 12:03:32 PM

It’s satisfying to se this but I strongly suspect that only the ignorant will get hurt. Trump and friends have made their money and left town.

[Jhana] Bye bye $12, hello......... Who knows?

Jhana — 11/14/2025 11:31:18 AM

[Jhana] Even at $12, DJT trades at well over 800x sales with no revenue growth year over...

Jhana — 11/13/2025 3:17:52 PM

Even at $12, DJT trades at well over 800x sales with no revenue growth year over year.

Might still have a ways to fall. I would pity the bagholders, but anyone left long here utterly deserves what's coming.

[Jhana] Say hello to the new 52-week low, not far off the all-time low. What a powerhou...

Jhana — 11/7/2025 10:18:32 AM

Say hello to the new 52-week low, not far off the all-time low. What a powerhouse.

[kidl] A lot of bag holders which won't vote for Trump next tome around. I feel for the...

kidl — 11/5/2025 12:11:27 PM

A lot of bag holders which won't vote for Trump next tome around. I feel for them. No, I don't :-)

[Jhana] Snap, crackle, pop goes the next chart support. Anything south of 12 is a termi...

Jhana — 11/4/2025 4:21:14 PM

Snap, crackle, pop goes the next chart support. Anything south of 12 is a terminal tailspin.

[Jhana] Look at that short squeeze go!

Jhana — 10/28/2025 4:38:38 PM

[Jhana] Latest gimmick to juice the price.... “Donald Trump’s social-media company is g...

Jhana — 10/28/2025 9:28:07 AM

Latest gimmick to juice the price....

“Donald Trump’s social-media company is getting into the prediction markets business, where record betting is attracting a host of new entrants,” Bloomberg reports.

[Jhana] They will suck everything they can out of it then leave the empty shell for the ...

Jhana — 10/23/2025 1:34:44 PM

They will suck everything they can out of it then leave the empty shell for the rubes to fight over.

[kidl] I don't think DJT matters to Trump and friends anymore.

kidl — 10/22/2025 6:07:23 PM

[Jhana] The DJT chart is just walking down the staircase point by point now.

Jhana — 10/22/2025 5:58:15 PM

[Jhana] Mark me skeptical that this stock will hold up in a serious market pullback. It...

Jhana — 10/14/2025 9:33:59 AM

Mark me skeptical that this stock will hold up in a serious market pullback. It already cracked the 16 support once. Just a staircase down from here.

[Jhana] Looks like they have propped up the chart nicely with enough volume to quietly w...

Jhana — 9/19/2025 6:51:45 PM

Looks like they have propped up the chart nicely with enough volume to quietly wash out all the shares they care to sell while no one notices until they are reported much, much later.

Of course, they may have raked in so much from the crypto scams that DJT may be a sideshow now.

[Jhana] They better find a new business line to announce soon at this rate....

Jhana — 8/6/2025 11:08:42 AM

[kidl] Trump Media increases revenue, but losses widen during Q2

kidl — 8/5/2025 11:34:15 AM

[Jhana] And now weeks later, we are testing the 4/8 closing low with very little in the ...

Jhana — 8/5/2025 10:19:18 AM

And now weeks later, we are testing the 4/8 closing low with very little in the chart below that. Not many PRs left to crank out either since they already announced everything under the sun from video to Bitcoin to ETFs.

They bought themselves four months to keep washing out the insider shares and set up the suckers for the fall.

[Jhana] Only took the market a few hours to blow off the latest transparent effort to pr...

Jhana — 6/23/2025 12:30:06 PM

Only took the market a few hours to blow off the latest transparent effort to prop up this teetering scam.

[Jhana] LOL this is a giant laundromat that is branching out into franchises soon. I wo...

Jhana — 6/21/2025 10:07:10 AM

LOL this is a giant laundromat that is branching out into franchises soon.

I wonder how long it will take other nefarious folks to figure out that they can bypass finance and ethics laws like this. Politicians can create companies that go public then sell out their stakes.

Unless you prove pay for play, it's all 100% legal.

[ralfph] Is this not a laundry machine?

ralfph — 6/21/2025 9:25:24 AM

[Jhana] Story from Tuesday. Trading lower today. DJ Trump Media 2:06 PM ET 6/17/25 | D...

Jhana — 6/20/2025 12:23:37 PM

Story from Tuesday. Trading lower today.

DJ Trump Media
2:06 PM ET 6/17/25 | Dow Jones

Trump Media & Technology Group Corp. (DJT) is currently at $18.55, down $0.12 or 0.64%

--Would be lowest close since April 8, 2025, when it closed at $16.66

--Currently down six consecutive days; down 12.58% over this period

--Longest losing streak since Feb. 25, 2025, when it fell for seven straight trading days

--Worst six-day stretch since the six days ending June 3, 2025, when it fell 15.09%

--Down 13.03% month-to-date

--Down 45.6% year-to-date

--Down 80.98% from its all-time closing high of $97.54 on March 4, 2022

--Down 40.75% from 52 weeks ago (June 18, 2024), when it closed at $31.31

--Down 63.99% from its 52-week closing high of $51.51 on Oct. 29, 2024

--Up 52.67% from its 52-week closing low of $12.15 on Sept. 23, 2024

--Traded as low as $18.43; lowest intraday level since April 14, 2025, when it hit $18.42

[Jhana] A slow, controlled drop like this gives insiders ample opportunity to sell out w...

Jhana — 6/16/2025 2:29:38 PM

A slow, controlled drop like this gives insiders ample opportunity to sell out while the suckers stick around for more increasingly ineffectual PRs about new business lines.

There literally are suckers born every minute.

[Jhana] Didn't take the market long to figure out how much dilution is coming. And you ...

Jhana — 5/27/2025 10:35:43 AM

Didn't take the market long to figure out how much dilution is coming.

And you know what you do with a convertible bond? Short the hell out of the stock and cover with converted shares later.

A very old but effective game.

[Jhana] A new toy coming to compete with DJT (which will be milked for every insider-sel...

Jhana — 5/13/2025 8:58:28 AM

A new toy coming to compete with DJT (which will be milked for every insider-selling dollar then dropped):

“American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, announced on Monday that it would become publicly traded, the latest expansion of the Trump family’s investments across the crypto industry,” the New York Times reports.

[Jhana] Funny how a company with $4m in revenue and only press releases about future bus...

Jhana — 5/6/2025 10:02:01 AM

Funny how a company with $4m in revenue and only press releases about future business trades $140m in shares every day at a $5.4 billion valuation.

I have to hand it to them, creating one of the perfect legal money-laundering schemes of all time.

[kidl] Trump Media Enters Deal With Crypto Trading Platform - The New York Times

kidl — 4/23/2025 9:51:30 AM

[Jhana] They are doing a nice job fattening the pig for the insider selling. No one ev...

Jhana — 4/23/2025 9:46:33 AM

They are doing a nice job fattening the pig for the insider selling. No one even notices if there is an underlying business here.

[kidl] Are you going to believe these reports with Trump in control of the SEC and IRS?

kidl — 4/10/2025 1:04:47 PM

[Jhana] The periodic squeezes are a nice wave for insiders to sell into. Can't wait to ...

Jhana — 4/10/2025 1:00:57 PM

The periodic squeezes are a nice wave for insiders to sell into. Can't wait to see the actual sales reports when they come out.

[Jhana] How will a worthless stock fare in a bear market? Stay tuned.

Jhana — 4/3/2025 8:10:23 AM

[kidl] Trump kicks off sale of $2.3bn Truth Social stake Trump's media company files f...

kidl — 4/2/2025 10:55:46 AM

Trump kicks off sale of $2.3bn Truth Social stake

Trump's media company files for his trust to sell up to $2.3 billion in stock

[Jhana] The more elegant solution is for offshore hedge funds to short all they can then...

Jhana — 4/2/2025 10:17:30 AM

The more elegant solution is for offshore hedge funds to short all they can then cover by buying the secondary filing.

They can fill Trump's pockets and make a profit at the same time.