Trump Media has taken a big step into the world of cryptocurrency. They've filed papers with the U. S. Securities and Exchange Commission to launch a new fund called the Truth Social Crypto Blue Chip ETF. This fund will invest in major cryptocurrencies like Bitcoin, Ether, Solana, Cronos, and Ripple. Most of the money, 70%, will go into Bitcoin, with the rest spread ...
Trump Media is taking a big step to boost its stock value. They plan to spend up to $400 million to buy back their own shares. This move comes after their stock price dropped by 46% this year. The company believes this buyback will make their finances more flexible. Buying back shares is a common strategy to increase a company's stock price. When a company buys back...
The Trump family has been busy expanding their business ventures. Their latest moves include a new smartphone and a crypto exchange-traded fund (ETF). These ventures are part of a broader strategy to diversify their portfolio. However, these moves have not been without controversy. Critics argue that these business deals could potentially damage the reputation of...
The Trump family has been making waves in the crypto world recently. First, there were whispers about a special $TRUMP meme coin wallet. But Donald Trump Jr. quickly stepped in to clear the air. He stated that the Trump Organization had nothing to do with this wallet. He also hinted at an upcoming wallet from World Liberty Financial, a DeFi platform backed by the Tru...
Trump Media and Technology Group found itself in a surprising situation. They went ahead with a major funding plan. This happened just a day after they had dismissed such reports as "dumb" and "fake news. " This move raised eyebrows and questions about the company's strategy and communication. First, let's talk about what happened. The Financial Times had reported t...
Trump Media and Technology Group is making a bold move in the world of cryptocurrency. They are raising a massive $2. 5 billion through a mix of stock and bond sales. The goal? To build a significant bitcoin reserve. This isn't just a small investment; it's a major strategic shift for the company. The plan involves selling $1. 5 billion in shares and $1 billion in c...
A new media venture is making waves in the financial world. This company is planning to invest a huge amount of money into Bitcoin. The sum is a staggering 2. 5 billion dollars. This move is part of a bigger plan to push for more use of cryptocurrencies. The company is led by a well-known figure in politics and business. This person has been a strong supporter of dig...
Trump Media & Technology Group has made a bold move. The firm is seeking to gather 2. 5 billion dollars from big investors. This money will be used to buy Bitcoin. This step shows that the company is shifting its focus from social media to financial services and cryptocurrency. The company plans to get 1. 5 billion dollars by selling around 58 million shares to a...
The Trump family, known for their diverse business ventures, has recently set their sights on the cryptocurrency market. They are not just dabbling in it; they are going all in. The Trump Media and Technology Group (TMTG) has secured a significant amount of funding to build up a substantial bitcoin reserve. This move puts them in direct competition with other compani...
Trump Media and Technology Group has just received the green light from its shareholders to make a significant change. The company is set to leave Delaware and reincorporate in Florida. This decision was backed by a overwhelming majority, with 136 million votes in favor and only around 270, 000 votes against. The move to Florida is just one of the big changes happen...