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DJT Stock Has Cratered, Wiping Out More Than $5 Billion in Trump Family Wealth
Trump Media & Technology Group, the social media and crypto company, is trading at all-time lows as Bitcoin and other tokens keep plunging.The stock, known by its ticker DJT, was down 0.9% at $10.76 in afternoon trading Tuesday. Earlier, it hit an intraday low of $10.32 -- the lowest price since DJT's predecessor company announced in October 2021 it had entered a merger agreement to take Trump's social networking company public.President Donald Trump indirectly owns nearly 115 million shares of DJT that are held in a revocable trust in the name of son Don Jr. The son sits on the Trump Media's board. The holdings make the Trump family the company's largest shareholder.DJT stock has fallen nearly 70% this year and 34.6% in the past month.The Trump family's holdings at their peak in mid-May 2024 were worth nearly $6.5 billion. Their value has fallen by more than $5.3 billion since then.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published indepen
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