Trump Media Announces February 2 for Shareholder Digital Token Distribution

Trump Media and Technology Group Corp. announced February 2, 2026, as the record date for a planned digital token airdrop to shareholders. This announcement led to a rise in the company's stock price by about 2.6%, reaching approximately $14.23. The stock has experienced a decline of over 60% in the past year despite recent rebounds.

Airdrop Details

The airdrop involves non-transferable tokens similar to NFTs.
Eligibility: Beneficial owners and registered holders of at least one DJT share as of February 2, 2026.
Tokens minted with Crypto.com and held in custody until distribution.
Tokens are not equity or ownership interests; they are redeemable upon managerial efforts of others, aligning with US securities guidance.
Stock borrowers are excluded from eligibility.

The initiative aims to boost engagement on Trump Media's platforms without causing securities concerns. The company reserves the right to modify or terminate the distribution process. The airdrop serves as a temporary incentive akin to a "dividend-like" event, encouraging speculative buying ahead of the record date.