Donald Trump Receives $1.8 Billion in Shares from Trump Media

The stock bonus increases Trump's ownership in Truth Social's parent company to nearly 65%, amid significant stock volatility.

Donald Trump awarded 36 million more shares in Trump Media, valued at $1.8 billion, after the stock met price benchmarks.
Trump's total ownership in the company now exceeds 114 million shares, representing close to 65% of the total shares.
Trump Media shares have shown extreme volatility, with recent surges and declines influenced by market dynamics and Trump's ongoing criminal trial.
Despite recent gains, Trump Media reported significant losses in 2023, with a net loss of $58 million on $4.1 million in revenue.
Trump is currently restricted from selling his new shares due to a lock-up period, which could affect the stock's future performance.