DJT Tanks 10% On Bitcoin Bet – Peter Schiff Warns Of Trump ‘Front-Running The Reserve’
Posted On May 27, 2025
Trump Media & Technology Group (NASDAQ:DJT) plunged 10% after announcing a massive $2.5 billion private placement—money earmarked for one of the largest Bitcoin (CRYPTO: BTC) treasury buys by a public company.
While the company framed the move as a bold step toward “financial freedom,” the market wasn’t buying it and neither was economist Peter Schiff.
Schiff wasted no time slamming the deal on X, warning that Donald Trump‘s company may be “front-running the Strategic Bitcoin Reserve” using what he claims is taxpayer-fueled …
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