Trump Media And Technology Group (DJT) Valuation After Launch Of Shareholder Blockchain Token Rewards Plan

Trump Media & Technology Group (DJT) is tying its stock more closely to crypto by planning nontradable blockchain-based tokens for shareholders of record on February 2, 2026, in partnership with Crypto.com.

See our latest analysis for Trump Media & Technology Group.

After a volatile year in which the 1 year total shareholder return is down 58% despite a modest 2.6% year to date share price return, recent 7 day and 1 day share price gains hint at short term momentum attempting to rebuild following earlier 90 day and 30 day share price declines.

If this kind of crypto linked story has your attention, it might be worth widening your lens to see how other tech names are priced and performing through high growth tech and AI stocks.

With the stock down 58% on a 1 year total return but recently ticking higher, it is fair to ask whether crypto tie ins and future platform perks are already fully reflected in DJT’s US$14.13 share price, or if the market is still discounting potential growth.

Price-to-Book of 1.7x: Is it justified?

DJT trades on a P/B of 1.7x, compared with 0.9x for its peer group, so the stock is priced at a premium to similar companies.

P/B compares the share price to the company’s net assets on the balance sheet. It can be a useful lens for a business that is still loss making and light on revenue. With DJT reporting US$4m of revenue and a loss of US$144.17m, the P/B ratio is one of the few clean reference points available.

The 1.7x multiple is materially higher than both the peer average of 0.9x and the wider US Interactive Media and Services industry average of 1.2x. At the current market price, investors are paying more per dollar of book value than they are for many comparable names.

See what the numbers say about this price — find out in our valuation breakdown.

Result: Price-to-book of 1.7x (OVERVALUED).

However, there are clear risks here, including DJT’s US$144.17m loss on US$3.68m revenue and the possibility that crypto themed perks fail to sustain interest.

Find out about the key risks to this Trump Media & Technology Group narrative.

Build Your Own Trump Media & Technology Group Narrative

If you look at the same data and come to a different conclusion, or simply prefer to test your own view, you can build a custom thesis in just a few minutes with Do it your way.

A great starting point for your Trump Media & Technology Group research is our analysis highlighting 4 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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