Why Trump Media & Technology Group (DJT) Is Down 7.3% After a US$1 Billion Crypto.com Venture Deal And What's Next

• Earlier in 2025, Trump Media & Technology Group formed a US$1.00 billion venture partnership with Crypto.com, exchanging a substantial ownership stake for limited cash investment and stepping into the cryptocurrency space beyond its core social media and streaming offerings.
• The partnership follows the ending of a federal investigation into Crypto.com soon after Donald Trump’s 2024 election victory, intertwining Trump Media’s expansion into crypto with shifting regulatory and political dynamics.
• Next, we’ll examine how this large-scale crypto partnership could reshape Trump Media’s investment narrative through greater exposure to digital assets.

Find companies with promising cash flow potential yet trading below their fair value.

What Is Trump Media & Technology Group's Investment Narrative?

To own Trump Media & Technology Group today, you need to believe that its Truth Social and Truth+ ecosystem can turn very small sales into a real business, despite persistent losses of more than US$100 million over the past nine months and limited revenue of under US$3 million. Until now, the key near term catalysts have been user growth, streaming uptake and new products like Truth Predict and Truth Social Funds, against risks such as high cash burn, shareholder dilution and governance questions around high executive pay. The US$1.00 billion Crypto.com venture partnership could shift that balance: it adds a new digital assets story on top of social media and streaming, but also layers on regulatory, political and crypto market risks that may now loom larger than the core media business.

But there is a catch here that investors should be very aware of. According our valuation report, there's an indication that Trump Media & Technology Group's share price might be on the expensive side.

Exploring Other Perspectives

Six Simply Wall St Community fair value estimates range from about US$188.71 to a very large US$1,887.14 per share, underlining just how far opinions diverge. Against that, Trump Media’s limited revenue base and sizeable ongoing losses highlight how dependent the story is on future execution and on how this new crypto partnership actually plays out.

Explore 6 other fair value estimates on Trump Media & Technology Group - why the stock might be worth just $188.71!

Build Your Own Trump Media & Technology Group Narrative

Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Trump Media & Technology Group research is our analysis highlighting 3 important warning signs that could impact your investment decision.
• Our free Trump Media & Technology Group research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Trump Media & Technology Group's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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