Latest news with #TrumpMedia
Associated Press
2 days ago
- Business
- Associated Press
QFSCOIN Leverages Free Cloud Mining to Assist Global Investors in Earning Bitcoin (BTC) and Dogecoin (DOGE)
Dover, DE, June 18, 2025 (GLOBE NEWSWIRE) -- As Bitcoin experiences a notable surge in value, nearing $110,000, the cryptocurrency market is demonstrating significant activity. Amidst anticipation surrounding upcoming U.S. inflation data, investors are actively seeking avenues to capitalize on Bitcoin's upward trajectory without incurring substantial initial expenses. QFSCOIN ( ) presents a solution by offering a complimentary $30 Bitcoin mining plan, enabling users to mine Bitcoin, Litecoin, or Dogecoin. Factors Driving Attention to Bitcoin's Price Increase: The recent appreciation in Bitcoin's price is correlated with underlying economic factors. Inflationary pressures are impacting traditional savings, prompting individuals to consider Bitcoin as a potential hedge against these pressures. Furthermore, corporate entities such as GameStop and Trump Media have incorporated BTC into their asset holdings. The forthcoming release of inflation data has the potential to further influence Bitcoin's market value. For many, the prospect of purchasing Bitcoin at elevated prices presents a financial challenge, and the inherent volatility of the cryptocurrency market can be a source of concern. Cloud mining is emerging as a potentially lower-risk alternative, with QFSCOIN providing a risk-free entry point through its complimentary offering. QFSCOIN: A Cloud Mining Solution: Established in 2019 in Minnesota, QFSCOIN functions as a cloud mining provider. The company operates data centers strategically located in the U.S., Canada, Norway, Iceland, and Kazakhstan, utilizing sophisticated AI and advanced equipment for the mining of Bitcoin, Litecoin, and Dogecoin. QFSCOIN has recently introduced an innovative complimentary best cloud mining initiative, granting new enrollees a $30 bonus. This provides a distinctive opportunity to participate in a short-term, one-day mining experience, with the potential to yield a 3% return, equivalent to $0.90, serving as an introductory exploration into the realm of cryptocurrency mining. Key Features of QFSCOIN as a Trusted Cloud Mining Platform: To gain a thorough understanding of QFSCOIN's complete range of services, please visit their official website. The website offers detailed insights into their cloud mining services, including the variety of mineable cryptocurrencies, the specifics of available mining plans and their associated costs, the technological infrastructure employed, and the comprehensive security measures in place. Exploring their website will furnish you with extensive information regarding the advantages of engaging in top cloud mining with QFSCOIN, the step-by-step process for getting started, and answers to frequently asked questions from prospective users. You will also likely find details about the company's history, its team, and its vision for the future of cryptocurrency mining. Visiting their website represents the most direct avenue to access the most current and comprehensive information about QFSCOIN's cloud mining services. Commencing Your Cloud Mining Journey with QFSCOIN: QFSCOIN streamlines the process of cryptocurrency mining, making it accessible to a wider audience. Capitalizing on Opportunities within the Bitcoin Market: QFSCOIN's complimentary $30 cloud mining contract enables users to mine Bitcoin, Litecoin, and Dogecoin. The platform offers the potential for daily payouts and a selection of various mining plans to suit different needs. Website: Twitter: YouTube: Disclaimer: This press release is intended for informational purposes only and does not constitute investment advice. Individuals are advised to perform their own due diligence and consult with a qualified financial advisor before making any investment decisions. Mary Bates info at
Yahoo
2 days ago
- Business
- Yahoo
Trump Media stock price: DJT shares shrug off Bitcoin and Ethereum ETF news, down significantly in 2025
Despite crypto being all the rage (again) in 2025, the announcement yesterday that President Trump's Trump Media & Technology Group Corp. (Nasdaq: DJT) is seeking approval from the Securities and Exchange Commission (SEC) to launch a crypto-based ETF has so far done little to turn around the fortunes of DJT stock, which is currently down over 45% since the beginning of the year. Pentagon Pizza Index: The theory that surging pizza orders signal global crises 5 signals that make you instantly more trustworthy at work How Field Notes went from side project to cult notebook Here's what you need to know about the Trump Media crypto ETF and the company's latest stock price movement. Yesterday, Trump Media & Technology Group, owner of President Trump's Truth Social social media network, announced its intention to launch an exchange-traded fund (ETF) comprising two assets: Bitcoin and Ethereum. Those two cryptocurrencies are the most popular in the world, so it's no surprise that Trump Media would focus on combining them into a single ETF. The fund would allow people to invest in two cryptocurrencies at once by purchasing a single share of the ETF. Announcing that it has filed its Form S-1 registration statement with the SEC, declaring its intentions to launch the ETF, Trump Media said that the ETF, officially called the 'Truth Social Bitcoin and Ethereum ETF, B.T.,' will hold Bitcoin and Ethereum directly. Bitcoin will make up 75% of the ETF's assets, with Ethereum accounting for 25% of the ETF's assets. The ETF announcement represents a further expansion of Trump Media's business portfolio, which currently includes the Truth Social social media network, the Truth+ streaming platform, and the FinTech brand Yet if executives at Trump Media were hoping for a stock price boost from the news, they'll be disappointed today. As of the time of this writing, DJT shares are currently up around 1.69% to $18.98. The stock actually sank yesterday when the news was announced. Yesterday, on the same day that Trump Media filed its SEC paperwork for the crypto ETF, Trump Media shares closed at $18.67. However, today's modest price rise suggests that investors so far don't seem to think that the potential ETF offering will significantly impact the company's financials. One reason for this could be that cryptocurrency ETFs are becoming an increasingly crowded market. As noted by Reuters, Morningstar ETF analyst Bryan Armour said that any company newly entering the crowded crypto ETF market will face challenges. 'The only way to stand out will be through fees or brand,' Armour said. However, another reason could be that many investors still view Truth Social's stock as a 'belief stock'—a proxy for Donald Trump's popularity, rather than a company with strong fundamentals behind it. Whatever the reason, the ETF news so far hasn't turned Trump Media's fortunes around when it comes to the company's share price. As of this writing, DJT's share price has fallen over 11% in the last five trading days alone. Over the past month, DJT shares are down more than 27%. And since the beginning of the year, DJT shares have cratered more than 45%. On May 9, Trump Media reported its most recent quarterly results, which cover the company's Q1 of fiscal 2025, which ended on March 31. The company reported a net loss of $31.7 million for the quarter. In other Trump business news, yesterday, the Trump Organization, a separate entity from Trump Media, announced its plans to launch a new cellular network called Trump Mobile and also a new smartphone called the T1 Phone. The move largely baffled industry experts. Disclosure: Morningstar was founded by Joe Mansueto, owner of Fast Company's parent company. This post originally appeared at to get the Fast Company newsletter:
Globe and Mail
2 days ago
- Business
- Globe and Mail
A Truth Social Bitcoin ETF Could Be Coming This Year. Here's What That Might Mean for Trump Media Stock.
One way companies can try and drum up interest in their businesses is by getting involved with cryptocurrencies, especially given how hot Bitcoin (CRYPTO: BTC) has been this year. Holding Bitcoin or simply being bullish on the digital asset can attract growth investors who think alike. Trump Media and Technology Group (NASDAQ: DJT) is a great example of a company that looks to be trying to benefit from crypto's growing popularity. This month it made multiple announcements related to launching exchange-traded funds (ETFs) that will invest in popular digital currencies. And that's on top of earlier plans to stockpile Bitcoin. What does this all mean for investors, and can this make Trump Media a more attractive buy, as it potentially benefits from Bitcoin's rising value? Or will it simply add more risk and volatility? The Truth Social Bitcoin ETF could be coming soon On June 5, Trump Media announced a filing with the Securities and Exchange Commission (SEC) to launch an ETF that will hold Bitcoin. Called the Truth Social Bitcoin ETF, it is currently pending approval, with the expectation that it will launch sometime this year. And on Monday, it announced plans for a new fund which will invest in both Bitcoin and Ethereum. It will be called the Truth Social Bitcoin & Ethereum ETF. This comes after the company announced just last month its intent to raise $2.4 billion as part of a plan to become one of the largest corporate holders of Bitcoin. Holding Bitcoin and crypto as a whole appears to be part of a broader long-term strategy for Trump Media, potentially both as a way to grow and diversify its operations and also to attract a wider range of investors. What this could mean for Trump Media The launch of multiple crypto-focused ETFs could generate a lot of interest in Trump Media stock, possibly making it more of a compelling option for crypto investors. However, with multiple crypto ETFs to choose from, it's questionable how much interest the funds may attract from investors, and a lot will depend on how competitive the fees are. Unfortunately, this isn't likely going to result in a huge improvement in the company's financials. High fees would be necessary to generate strong margins, and that would likely end up dissuading investors in the process. The biggest problem for Trump Media is that while it has been expanding into different areas, including streaming and financial services, this remains a highly unprofitable, cash-burning business. In the trailing 12 months, Trump Media incurred losses totaling $105 million on revenue of just $3.7 million. This crypto strategy could make Trump Media stock a more volatile and speculative investment overall. It has the potential to rise along with the general bullishness surrounding Bitcoin and the crypto markets as a whole, but based on its own fundamentals, it's not likely going to attract many growth investors. Should you invest in Trump Media stock? Trump Media is clearly trying to get deeper into crypto, and it may be little wonder why, given how well Bitcoin has performed this year, reaching record levels. But simply having crypto ETFs and stockpiling Bitcoin doesn't mean that will lead to sustainable, long-term returns for investors. Unless the company's financials show that there is a strong underlying business here to invest in, investors should tread very carefully with this stock, as it comes with high risk. This isn't a stock that's going to be suitable for the vast majority of investors as its poor financials suggest frequent stock offerings could be inevitable, and a heavy exposure to crypto may add to its volatility in the long run. Should you invest $1,000 in Trump Media & Technology Group right now? Before you buy stock in Trump Media & Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Trump Media & Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,821!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $886,880!* Now, it's worth noting Stock Advisor 's total average return is791% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Yahoo
2 days ago
- Business
- Yahoo
A Truth Social Bitcoin ETF Could Be Coming This Year. Here's What That Might Mean for Trump Media Stock.
Trump Media recently filed a registration statement to launch a new Bitcoin ETF. It also announced plans for a fund that invests in both Bitcoin and Ethereum. Trump Media's business is broadening in scope, but its financials remain underwhelming. 10 stocks we like better than Trump Media & Technology Group › One way companies can try and drum up interest in their businesses is by getting involved with cryptocurrencies, especially given how hot Bitcoin (CRYPTO: BTC) has been this year. Holding Bitcoin or simply being bullish on the digital asset can attract growth investors who think alike. Trump Media and Technology Group (NASDAQ: DJT) is a great example of a company that looks to be trying to benefit from crypto's growing popularity. This month it made multiple announcements related to launching exchange-traded funds (ETFs) that will invest in popular digital currencies. And that's on top of earlier plans to stockpile Bitcoin. What does this all mean for investors, and can this make Trump Media a more attractive buy, as it potentially benefits from Bitcoin's rising value? Or will it simply add more risk and volatility? On June 5, Trump Media announced a filing with the Securities and Exchange Commission (SEC) to launch an ETF that will hold Bitcoin. Called the Truth Social Bitcoin ETF, it is currently pending approval, with the expectation that it will launch sometime this year. And on Monday, it announced plans for a new fund which will invest in both Bitcoin and Ethereum. It will be called the Truth Social Bitcoin & Ethereum ETF. This comes after the company announced just last month its intent to raise $2.4 billion as part of a plan to become one of the largest corporate holders of Bitcoin. Holding Bitcoin and crypto as a whole appears to be part of a broader long-term strategy for Trump Media, potentially both as a way to grow and diversify its operations and also to attract a wider range of investors. The launch of multiple crypto-focused ETFs could generate a lot of interest in Trump Media stock, possibly making it more of a compelling option for crypto investors. However, with multiple crypto ETFs to choose from, it's questionable how much interest the funds may attract from investors, and a lot will depend on how competitive the fees are. Unfortunately, this isn't likely going to result in a huge improvement in the company's financials. High fees would be necessary to generate strong margins, and that would likely end up dissuading investors in the process. The biggest problem for Trump Media is that while it has been expanding into different areas, including streaming and financial services, this remains a highly unprofitable, cash-burning business. In the trailing 12 months, Trump Media incurred losses totaling $105 million on revenue of just $3.7 million. This crypto strategy could make Trump Media stock a more volatile and speculative investment overall. It has the potential to rise along with the general bullishness surrounding Bitcoin and the crypto markets as a whole, but based on its own fundamentals, it's not likely going to attract many growth investors. Trump Media is clearly trying to get deeper into crypto, and it may be little wonder why, given how well Bitcoin has performed this year, reaching record levels. But simply having crypto ETFs and stockpiling Bitcoin doesn't mean that will lead to sustainable, long-term returns for investors. Unless the company's financials show that there is a strong underlying business here to invest in, investors should tread very carefully with this stock, as it comes with high risk. This isn't a stock that's going to be suitable for the vast majority of investors as its poor financials suggest frequent stock offerings could be inevitable, and a heavy exposure to crypto may add to its volatility in the long run. Before you buy stock in Trump Media & Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Trump Media & Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,821!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $886,880!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. A Truth Social Bitcoin ETF Could Be Coming This Year. Here's What That Might Mean for Trump Media Stock. was originally published by The Motley Fool Sign in to access your portfolio
Forbes
2 days ago
- Business
- Forbes
Crypto Goes Corporate As A New Wave Of Public Companies Buy Bitcoin
So called crypto treasury companies, public firms that focus on acquiring digital assets like bitcoin, have become one of the most talked-about trends of 2025, and for good reason. These firms are raising money, merging with public shells and buying up tokens at breakneck speed turning themselves into vehicles for institutional and retail investors to gain exposure to digital assets without the hassle of operating in the murky netherworld of hackable crypto exchanges and digital wallets. The bitcoin treasury strategy pioneered by billionaire Michael Saylor's MicroStrategy, which now calls itself Strategy, remains dominant: more than 70 public companies around the world currently hold over $67 billion worth of the asset. But the sheer velocity of capital deployment for crypto treasuries at large is jaw-dropping. Since April, more than 30 public companies have announced plans to adopt similar strategies, targeting about $19 billion in capital raises, according to Elliot Chun of Architect Partners, a Palo Alto-based financial advisory firm. Just last week, the president's Trump Media and Technology Group, which operates the Truth Social social-media platform, announced it had secured $2.3 billion through a sale of its equity and convertible notes, marking one of the largest bitcoin treasury deals to date. And on Monday, billionaire Justin Sun, a major backer of the Trump family's crypto ventures, revealed that his digital asset platform, Tron, will go public in the U.S. via a reverse merger with Nasdaq-listed SRM Entertainment. As part of the deal, Tron will inject up to $210 million worth of its namesake token into the new company. The stocks of many of these unproven companies are soaring. Janover, a commercial property financing platform, has surged more than 5,300% since April, when it adopted a solana-focused strategy and rebranded as DeFi Development Corporation. Japan's hotel chain-turned-hodler MetaPlanet is up 472% year-to-date. Strategy, Michael Saylor's bitcoin-brimming firm, whose stock has gained 30% year-to-date, has soared 3,000% over the past five years. Most of these crypto Johnny-come-latelies are simply capitalizing on the investor hype and enthusiasm around crypto, now that the U.S. government appears to be in full embrace of the industry. Leverage is another driver of these stocks. Nearly all of these firms are adding crypto to their balance sheets after issuing convertible debt or equity similarly to the funding employed by Strategy. Leverage amplifies returns, so when bitcoin and other crypto prices are rising these stocks can produce bigger gains. Another factor is volatility, which hedge funds and options traders crave. These publicly-traded entities, stuffed with leveraged crypto, tend to gyrate wildly with the underlying asset and thus have high implied volatility. They are a speculative trader's dream. 'There are now a variety of investors that want to access [crypto] risk in a regulated fashion that fits within their investment mandate, and what these treasury companies are permitting is essentially creating lots of different vehicles to do that,' says Jeff Park, head of alpha strategies at crypto asset manager Bitwise. But it's not just leverage and volatility that set these companies apart. Operating in public markets, rather than the murky world of crypto trading, has allowed them to scale rapidly. By listing on major exchanges, they gain access to deep institutional capital markets, allowing them to raise billions almost overnight and place outsized bets that private firms simply can't match. The ability to borrow cheaply and easily is a big part of the new wave of crypto treasury firms' allure, notes Park. Since traditional IPOs are costly, often require teams of lawyers and can take years, these Strategy-wannabes are instead tapping Special Purpose Acquisition Companies, known as SPACs, or finding existing public shells—micro-cap companies ripe for what is known as a reverse-merger. Take Twenty One Capital, backed by Tether and SoftBank, which is merging with the blank check affiliate of the Lutnick family's Cantor Fitzgerald at a $3.6 billion enterprise value. Less than two months ago the SPAC, Cantor Equity Partners, traded for $10.80. Today it trades at $35 despite the fact that the merger has not yet been completed. Or consider former presidential candidate Vivek Ramaswamy's Strive Asset Management, which in May announced a reverse merger with Asset Entities, an $86 million provider of content delivery solutions that had otherwise been languishing, to buy bitcoin. Since the announcement, Asset Entities' stock went from around $0.60 to as high as $13, and now trades for $5.42. "The price action that is currently being seen is before these transactions have been consummated, and that is a little bit unnerving,' adds Park who believes the good times will continue for these corporate early adopters. 'If you believe there's a wall of money coming to buy bitcoin and everyone's waiting on the sidelines to get their deals approved, well you better hope that you can do it first,' he says. Park believes that much of the excitement around these new corporate crypto treasuries stems from anticipated returns: 'What we haven't seen yet is an aggressive exploration of the left side of the balance sheet, which is actually generating worthwhile yield and return through the bitcoin that is being held in these operating companies.' Additionally, the crypto these companies are buying is effectively being taken off the market. This creates scarcity, which can magnify price swings and accelerate tokens' rise, potentially making these treasury strategies even more impactful from a return standpoint. Architect Partners' Chun is wary of the rapid balance sheet build up among the new digital asset buyers. 'This is financial engineering at its best,' he warns. 'Straight equity, PIPEs, convertible notes, ATMs—it's an MBA course on its own in every different structure for public equity one can think of.' Video game retailer GameStop is using more than $3 billion in convertible debt to finance its new bitcoin buying strategy. How will Game Stop, which has already spent $500 million on bitcoin, generate a return on its new treasury asset? No details are available yet, but as long as its stock gets carried higher with the prices of crypto, it may not matter to management of the one-time meme stock favorite. 'You have a whole lot of hype. You have a lot of people who aren't crypto-native, who are new to this and don't understand the intricacies of operating with this asset class,' says Chun. 'Being in crypto this long, you're always looking for the next thing that will take us down to our next winter. This definitely has the makings of something like that.'
