Tradeable investment assets that helped make President Donald Trump more than $2bn during his first year in office are falling in value, according to The Guardian, the day after Democrats defeated Republicans in the midterm elections.
Trump Media and Technology Group stock, which trades on the Nasdaq exchange, was priced at just over $5 Tuesday morning — its lowest mark ever, and down from an all-time high of $101. It lost 11% overnight, dropping from $5.90 once election returns started coming in. Trump has reported owning 114m shares and holds more than 40% of the stock through a trust. Forbes estimated in a September analysis that he is $2.7bn wealthier than when he won the White House in 2024.
World Liberty Financial's digital tokens were trading at less than 5 cents after the election, down from 31 cents at their height in 2025. The WLFI coin, the governance token of World Liberty Financial, began sliding in late October as the election drew near and a hack of Binance rattled crypto markets, and it fell steeply around 7pm ET on Tuesday as polls in some states closed.
Trump made more than $500m in profit selling crypto assets last year, according to his personal financial disclosures, and still owns 15bn tokens. Separate digital novelty coins called Trump$, which made him $636m in sales in 2025, are priced at about $1.40 after losing roughly 10% of their value overnight; they briefly traded as high as $45 in January 2025. Jim Angel, an associate professor at Georgetown University's McDonough School of Business, said people think they are investing in Trump but are really betting on his popularity.