Trump Media announces record date for shareholder token airdrop
Trump Media has finalized Feb. 2 as the record date when it will airdrop its upcoming shareholder token to those owning at least one full share of DJT stock.
- Trump Media has set Feb. 2, 2026, as the record date for its upcoming token airdrop for shareholders.
- Eligible shareholders must hold at least one full share as a beneficial owner or registered holder.
- The tokens will be minted and custodied by Crypto.com.
According to a recent announcement from Trump Media & Technology Group (DJT), the company has officially set Feb. 2, 2026, as the record date for its first-of-its-kind digital token initiative.
This date will be used to determine eligibility for the airdrop; specifically, any individual who owns at least one whole share of Trump Media stock and is classified as a beneficial owner or registered holder as of that date will be eligible to receive the non-transferable crypto token.
Trump Media has partnered with its strategic ally Crypto.com, and the exchange will be responsible for minting and custodying the token on the blockchain.
The company first unveiled plans for the digital tokens on Dec. 31, touting it as a non-tradeable shareholder reward token that does not represent ownership in the company or any financial stake. Instead, it will function as a utility token that grants holders access to periodic benefits and discounts tied to Trump Media products such as Truth Social, Truth+, and Truth Predict.
At the time, the company said the distribution would occur at a 1:1 ratio, one token per DJT share. However, it has not reiterated this detail in its latest update, only stating that details regarding the process for the planned allocation “will be forthcoming.”
“We look forward to leveraging Crypto.com’s blockchain technology consistent with Securities and Exchange Commission guidance to benefit our shareholders and promote transparency, including by obtaining a clear picture of bona fide beneficial ownership as of the record date,” Trump Media CEO and Chairman Devin Nunes was quoted as saying.
Trump Media shares shot up over 7% on Monday following the announcement, but gave up most of those gains by the close of trading.
Trump Media turns to blockchain
Trump Media is steadily incorporating blockchain technology within the company’s ecosystem, as evident in the wave of blockchain-powered initiatives that have unfolded over the past year.
In partnership with Crypto.com, the company is involved in a SPAC merger with Yorkville Acquisition Corp. to form a new entity called Trump Media Group CRO Strategy, which aims to accumulate CRO tokens and support the expansion of the Cronos ecosystem.
Last year, reports also indicated the company was developing a market prediction platform called Truth Predict, along with several cryptocurrency exchange-traded funds as part of its fintech arm, Truth.Fi.