Overview
- Shares traded around $10.29 on Thursday, just above a record low after closing at $10.85 on Nov. 17, down roughly 18% in a week, 36% over a month and 70% year to date.
- The plunge has erased more than $5 billion from the First Family’s paper wealth, with Trump holding about 115 million shares in a trust managed by Donald Trump Jr., who sits on TMTG’s board.
- Concerns center on TMTG’s crypto holdings after a $2 billion Bitcoin purchase in July that made up about two‑thirds of liquid assets, as Bitcoin fell to under $92,000.
- Reporting also ties the selloff to recent Democratic election gains and fresh Epstein‑related emails, while Trump says he will sign a bill to release DOJ Epstein records if it reaches his desk.
- TMTG has announced a plan to partner with Crypto.com on a Truth Social feature called Truth Predict that would enable election and sports prediction betting.