DJT Stock rose on Tuesday after Trump Media confirmed that February 2, 2026, would be the record date for its digital token distribution. Shares surged to about $14.57, as per TradingView data. The rise comes as Trump Media advances its Crypto.com-backed token plan, even as broader equity and crypto markets sold off.
DJT Stock Surges Against a Weak Market
DJT Stock surged by over 7% on the day, while most risk assets declined. The Nasdaq fell nearly 2%. Overseas, Japan’s Nikkei dropped by 2.5%, while Germany’s DAX declined by 1%. This is due to the ongoing global tensions over Trump’s tariffs.
DJT Stock moved higher despite the trend in Crypto-related equities. Bitcoin erased most of its 2026 gains and traded only 3% above its January starting level. Investors sought safer options, sending gold up 3% and silver up 7%, both hitting record highs.
Source: TradingView
DJT stock rose on the announcement of the record date for its distribution of digital tokens to shareholders. CoinGape had earlier reported the Bitcoin treasury company’s plan to distribute tokens, though the company didn’t announce a date for the airdrop at the time.
Trump Media Sets February 2 Record Date
Trump Media, listed on Nasdaq under the ticker DJT, said that February 2 will determine eligibility for its blockchain-based token distribution. The company first announced the initiative in late December, in partnership with Crypto.com.
According to the company, registered holders and ultimate beneficial owners of at least one whole DJT Stock share will qualify. However, shareholders classified as objecting beneficial owners may face delays in information sharing.
As a result, the firm encouraged investors to confirm non-objecting status or use direct registration. Trump Media stated that the token will not represent company equity. The token may also provide benefits tied to Truth Social, Truth+, or Truth.Fi, but cannot be exchanged for cash.
It is worth noting that Trump Media holds 11,542 bitcoin, valued at over $1 billion. The company has a market cap of just over $4 billion, with $2.36 billion in trading volume over the past 30 days.
Crypto.com’s Role and Token Structure
After the record date, the top crypto exchange, Crypto.com, will mint and custody the tokens pending distribution. The company previously indicated the token may launch on Crypto.com’s blockchain infrastructure. CEO and Chairman Devin Nunes said the process follows Securities and Exchange Commission guidance and aims to improve transparency of ownership.
Trump Media reiterated that tokens will remain non-transferable and reserved for eligible shareholders only. The company added that additional details on allocation and distribution will follow. Crypto projects have added about $1.4 billion to the Trump family’s wealth since Trump took office.
DJT Stock rose as investors weighed the timing of confirmed tokens, sizable Bitcoin holdings, and clear eligibility rules. The rise comes despite falling global equities and weakening crypto prices.
Source: https://coingape.com/news/stocks/djt-stock-rises-as-trump-media-sets-feb-2-to-distribute-digital-tokens/
