Trump’s Media Empire is Raking in $12 Billion with Shares! (You Won't Believe How!)

What You Absolutely Must Know (Before Your Morning Coffee):

Donald Trump’s media company has just registered to sell up to a whopping $12 billion in securities. Yep, that’s billion with a “B”.
Last week, they wrapped up a tidy $2.44 billion fundraising deal, all in the name of creating a bitcoin treasury. You know, just casually dabbling in the cryptocurrency scene.

Well, well, well! It seems the good ol’ Trump Media and Technology Group (DJT)—that’s the parent company of Truth Social, for anyone not keeping track—has gone ahead and registered to sell up to 84,657,181 shares of Common Stock. Quite the mouthful, isn’t it? All thanks to an S-3 filing with the SEC. I mean, what else would you expect from a company whose CEO is… *that* Trump?

Now, in case you were wondering if that’s the end of the story, here’s a spicy twist: DJT’s latest deal isn’t just about shares, my friend. Oh no. Last week, they also closed a $2.44 billion deal to create their very own bitcoin treasury. Yep, you heard that right—bitcoin. They’re not just sitting on piles of cash; they’re sitting on *digital gold*.

And to keep the crypto party going, DJT is also looking to list a bitcoin exchange-traded fund (ETF), much like the other 11 already trading in the U.S. Just a tiny step away from being the world’s next big thing in digital assets.

But wait, there’s more! DJT shares closed at $20.12 last Thursday. Sounds decent, right? Well, it dropped over 8% on the day, all because of a cheeky little tiff between Trump and Elon Musk. Ah, the drama of it all! 😅

2025-06-06 16:18

Trump’s Media Empire is Raking in $12 Billion with Shares! (You Won’t Believe How!)

What You Absolutely Must Know (Before Your Morning Coffee):

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