DJT shares decrease after Trump media raised Bitcoin

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The presidential candidate and former US President Donald Trump gestures in Nashville, Tennessee, USA, on July 27, 2024 in Bitcoin 2024 event.

Kevin Wurm | Reuters

Las Vegas – Trump Media On Tuesday, one of the largest of institutional investors increased by $ 2.5 billion from bankroll bittoin Treasury allocations by a folk company.

The company’s shares decreased by about 10% after news.

This is the latest and most ambitious action in the evolutionary of a free speech social platform for a financial services player.

The transaction includes $ 1.5 billion and 1 billion dollars in total shares, convertible notes, as a result, the company is now given to hold the company as a core treasure asset. The company said there are subscription contracts with about 50 institutional investors.

The company confirmed that Bitcoin’s ankhorage will be done with digital and crypto.com – recently signed an agreement to help Trump first launch Exchange processing funds.

The ad comes as Bitcoin approaches record Digital active enthusiasts in the Las Vegas strip continue the largest collection of the year: Bitcoin 2025. The conference helped strengthen the president Donald TrumpThe first image of the country “cryptist the president. “

This year, the Trump of Trump at the conference, President President JD Vance, Donald Trump Jr., Eric Trump, Crypto Czar David Sacks and other high-ranking officials are the full court press.

Trump media shares remain volatile, this year fell about 30% this year. A total of $ 3.6 million income in the company and despite the reporting of a report, the company has a market cap for about $ 5.3 billion $ 400 million Damage in 2024.

Trump indirectly the owner of more than 114 million share Trump media through a trustable trust.

President Trump conducts a controversial special dinner for the best investors in Meme coin

Bitcoin said that the company’s CEO of the company “APEX Azgiti of Financial Freedom” is the first of Devin Nunes and the company that the company has received only many “crown jewelry”.

Framed an action as a defense strategy, saying that it describes the company as “discrimination by financial institutions” that continues against conservative enterprises.

The company has already signed a partnership with Crypto.com to bring a number of ETFs and digital active products to bring a number of ETFs and digital active products at the end of this year.

These funds will include Bitcoin and Crypto.com with traditional securities such as native Tokken, Cronus. They will be marked under the Trump media and are offered global investors in the crypto.com application, which are branded broker platforms and more than 140 million users around the world.

The movement deepens Trump’s cryptic trace: Freedom Finance, Another Trump-related institution collected an important crypto stockfile and the President signed an executive order at the beginning of this year Protect Bitcoin and a separate crypto for the federal government.

David Bailey built a $ 710 million global Bitcoin Treasury Network

The expansion of financial services is based on the increase in rage in the rage of the rage on a perceived banking against the conservatives.

Crypto Industry leaders also testified on the coat of struggle on the industry debanking During the President Joe Biden ‘the person’s management.

Trump wished frustration with himself Bank of America and Jpmorgan Heads during a recent appearance in the World Economic Forum in Davos, indict “locking” conservative customers.

This Beginning by truth.fiAlong with the growing popularity of cryptos related to Trump, it seems that the private sector response is.

The $ 2.5 billion is followed by a growing trend among politically aligned enterprises that converted Bitcoin Treasury Traffic, corporate treasures into bitcoin-heavy vehicles. This strategy In 2020, Michael Saylor became popular by Microtrategy – But now TurboCharged by Trump’s political movement and cryptist allies.

Jek mallers Looking for a rival strategy with the new Bitcoin company supported by Small and SoftBank, David Bailey, Architect behind another Trump-related Bitcoin Play-in – Nakamoto Holdings – Recently led to a combination of $ 710 million With a crypto-first strategy with a cryptist of the holdist opioid, with a health-medical care company from Pivot.

Bailey, a valid crypto advisor in Trump management, described the game: “Strategy, square”.

“Our total attention is the increase in Bitcoin for a share,” said Bailey, previously plans to acquire Bitcoin-Niker companies along each major capital market.

Follow: Jack Mallers reviews the rival strategy with a new Bitcoin company supported by Tether and SoftBank

Jack Mallers reviews the rival strategy with a new Bitcoin company supported by Tether and SoftBank

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