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Trump Media to Launch Crypto ETF
President Trump's media company will launch an investment fund for bitcoin. Trump Media and Technology said Thursday that its Truth Social Bitcoin ETF will hold the cryptocurrency directly, aiming to offer shares to investors reflective of Bitcoin's price performance.
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Shares of Trump Media tumbled $2.14, or 8.3% to $23.58 in early afternoon trading. Because the deal is based on issuing $1.5 ...
The deal is the latest move by companies partly owned by President Trump and members of his family to invest in crypto ...
Trump Media & Technology Group announced on Tuesday that it has entered into agreements with 50 investors to raise roughly $2 ...
Trump Media and Technology Group plans to raise $2.5 billion to buy bitcoin and build up a reserve of the cryptocurrency, in ...
Trump Media's $2.5 billion bitcoin treasury deal with investors aims to safeguard against financial discrimination, enhancing Truth Social's financial strategy, CEO Devin Nunes says.
Our first acquisition of a crown jewel asset, this investment will help defend ... equal to a 35 percent premium, will place Bitcoin on Trump Media’s balance sheet alongside existing cash ...
Dozens of publicly traded companies, a media firm controlled by President Trump’s family, and GameStop are all piling into a ...
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