Shares of Trump Media & Technology Group surged over 7% following a period of decline, marking the first increase since the end of the share lockup agreement.
Despite the claims that Trump could cash in $2 billion from a stock sale, he asserted he has 'absolutely' no plans to sell, citing his desire to keep his voice.
Trump currently owns about 60% of Trump Media, holding 114.75 million shares. His potential divestment was previously flagged as a significant risk for the company's future.
Earlier this week, shares fell to a significant new low of $11.75, resulting in a dramatic market valuation drop of approximately 76% since the Nasdaq public debut.
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