Trump Media stock jumps 5% on Tuesday after major deal: check the details

Trump Media & Technology Group has reached an agreement with ￰0￱ and blank-check vehicle Yorkville Acquisition ￰1￱ establish a crypto treasury company focused on buying and holding CRO, the native token of the Cronos ￰2￱ of the arrangement were disclosed Tuesday in a filing with the US Securities and Exchange ￰3￱ the deal, ￰4￱ will transfer 684.4 million CRO tokens, valued at about $105 million, to Trump Media in exchange for 2.8 million of its shares and $50 million in cash, according to the ￰5￱ @cryptocom · Follow 🚨 Breaking News: Today is a historic day for $CRO Trump Media Group CRO Strategy has announced $6.4B in funds to build America’s Cronos ￰6￱ closing, Trump Media Group CRO Strategy is expected to be the world’s largest holder of ￰7￱ the press release for more Watch on Twitter View replies 6:18 pm · 26 Aug 2025 0 Reply Copy link Read more on Twitter Trump Media, Crypto.

com, and Yorkville will be subject to a mandatory one-year lock-up period for their holdings once the transaction ￰8￱ new entity will be called Trump Media Group CRO Strategy ￰9￱ is expected to trade on the Nasdaq under the ticker symbol ￰10￱ of Trump Media gained 4.9% in early trading following the ￰11￱ model mirrors corporate crypto strategies According to the filing, the structure will resemble the approach popularised by Michael Saylor’s company MicroStrategy, which has raised capital to buy and hold Bitcoin as part of its corporate ￰12￱ Trump Media-led company plans to follow a similar model, anchoring its reserves around CRO ￰13￱ for the venture is expected to include 6.3 billion CRO tokens, $200 million in cash, $220 million in mandatory exercise warrants, and a $5 billion equity line of credit with an affiliate of Yorkville Acquisition Sponsor, the backer of the special purpose acquisition ￰14￱ details about the funding timeline were not ￰15￱ Nunes, Chairman and CEO of Trump Media, said financial markets are becoming more digital and that businesses are increasingly seeking exposure to digital asset ￰16￱ Media and ￰17￱ Cronos is the native cryptocurrency of the Cronos blockchain, which is supported by ￰18￱ exchange’s Chief Executive Officer, Kris Marszalek, was among the first industry executives to meet President Donald Trump at Mar-a-Lago after his electoral victory last ￰19￱ also donated $1 million to Trump’s inaugural ￰20￱ partnership builds on previous collaborations between Trump Media and ￰21￱ initiatives included proposed crypto-linked exchange-traded funds, such as a “Crypto Blue Chip” product that would provide exposure to Cronos alongside Bitcoin, Ether, and other digital ￰22￱ filing said the new company intends to position itself around assets with what it described as “comprehensive value propositions” and utility ￰23￱ transaction remains subject to closing conditions.