How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)}

In My Humble Opinion
1041

I’m going stab at it myself. Its enterprise value is now higher than its market cap. The value of its financial assets alone are close to its market cap.

I don’t think it can reasonably drop much lower than this? The money losing media bit is small compared to its various crypto holdings. Still better to directly own the crypto but not by very much, and this comes with the potential for its price to increase when the next entity wanting to launder bribe money to Trump cones round.

I wouldn’t buy. I don’t do crypto direct even. But I can see why some would at levels not much less than this.

1042

I’m probably not understanding this completely but isn’t the value of crypto down like 40% over the last six months? What if crypto keeps collapsing?

1043

Then DJT does as well as most of its actual value is its crypto holdings. I suspect for speculators its outsized volatility is additional attraction? They want to play any jumps up and down.

1044

Every day a new low - $8.58 (with moments down to $8.31

1045

That should be the Truth Social motto!

1046

Hell, that should be Trump’s personal motto, and it should be incorporated into the fake heraldic family crest he once commissioned.

1047

“Quotidie novum infimum” according to Google’s translator

1048

I think we should instead use “Warner Brother’s Latin”. In which case “Every day a new low” translates as “Loserus Maximus deum”

1049

How about we put it on the Trump gold coin instead of E Pluribus Unum.

1050

No new lows, but we’re at about a full month of prices lower than the original valuation. Maybe Vance should visit DJT Social offices - he did wonders for Orban