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How Donald Trump Transferring $4 Billion in Truth Social Stock Impacts Investors
The president-elect's stake in the company is valued at more than $4 billion, and Trump has made his commitment to the company and its shares clear.
Trump transfers almost $4 billion of his Truth Social parent company shares to a trust in surprise move
Since its listing, Trump Media has been popular with traders who viewed it as a speculative bet on Trump winning the Nov. 5 election. Trump has maintained up to 57% ownership of the company. In the lead up to the election, his stake was worth almost $4 billion.
President-elect Trump transfers close to $4 billion worth of his Trump Media shares to a trust
Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing.
Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust
Donald Trump transferred 114.75 million shares, or 53% of Trump Media & Technology’s outstanding stock, worth around $4 billion on paper, to Donald J. Trump Revocable Trust.
Trump media stock ‘DJT’ drops as president-elect moves entire $4 billion stake to revocable trust
Trump Media & Technology Group Corp.’s stock fell about 6% Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.
Trump Transfers Entire $4B Truth Social Stake to His Revocable Trust
Donald Trump has transferred all 114.75 million of his shares in Trump Media & Technology, Truth Social’s parent company, to a revocable trust in his control.
Trump moves his entire $4 billion stake in Truth Social into his trust ahead of White House move
Donald Trump has transferred all 114.75 million of his shares in the parent company that runs his Truth Social platform into a revocable trust before he returns to the White House. His shares in Trump Media & Technology Group are currently worth roughly $4 billion,
Truth Social Parent’s Stock Drop 6% After Donald Trump Moves His $4 Billion Stake To A Trust
Donald Trump moved his roughly 57% stake in Trump Media & Technology Group to his revocable living trust, according to a recent regulatory filing—raising the possibility his shares could be traded during his presidency by his oldest son—causing shares in the Truth Social parent to slide 6% while cutting about $200 million from the president-elect’s net worth.
3d
on MSN
Crypto.com rescinds lawsuit against SEC after Donald Trump meeting
With pro-crypto Paul Atkins leading the agency after Gensler's upcoming exit, the crypto exchange has dropped its ...
1d
on MSN
Trump Threatens EU With Tariffs if Bloc Doesn't Buy More US Oil, Gas
U.S. President-elect Donald Trump threatened the European Union with new tariffs if the group of countries doesn't shrink its ...
The New Civil Rights Movement
8d
Trump Commerce Pick’s Firm to Pay Millions for Federal Law Violations
The U.S. Securities and Exchange Commission has charged a top financial services firm led by President-elect Donald Trump’s ...
decrypt
3d
Crypto.com Dropped Its SEC Lawsuit Just as CEO Met With Donald Trump
Crypto.com has dropped its lawsuit against the SEC after the exchange's CEO met with President-elect Donald Trump this week.
14h
Trump tech appointees point to a deregulated industry, tech players say
President-elect Donald Trump’s recent appointments and cabinet nominees are pointing to a four-year stint of deregulation in ...
cryptonews
3d
Crypto.com CEO Meets With Donald Trump, Drops SEC Lawsuit
Crypto.com CEO Kris Marszalek met with President-elect Donald Trump this week at the latter's Mar-a-Lago estate.
decrypt
9d
Donald Trump Considering a16z Crypto Policy Head for CFTC Role: Bloomberg
Brian Quintenz is up for the role of head of the Commodity Futures Trading Commission (CFTC), according to Bloomberg.
New Republic
11d
Even Under Biden, the U.S. Was Still Obstructing Global Climate Goals
Outrage over Trump’s plans to re-withdraw the U.S. from the Paris Agreement is understandable. But the United States has ...
1d
on MSN
Trump inauguration draws big crypto donations
Big crypto is joining big tech and the rest of corporate America by donating millions toward President-elect Trump’s ...
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