According to PANews, PublicSquare, a company listed on the New York Stock Exchange, has announced plans to explore a digital asset funding strategy. This initiative includes allocating a portion of the company's funds into Bitcoin (BTC), yield-generating stablecoins, and other digital assets. The goal is to diversify reserves, enhance capital efficiency, and align with emerging financial technologies.
PublicSquare also revealed that the net proceeds from its at-the-market (ATM) offering plan will be used for general corporate purposes. These may include the digital asset funding strategy, investments, mergers and acquisitions, and working capital.
In related news, sources have disclosed that Donald Trump Jr., the eldest son of U.S. President Donald Trump, is set to join the board of directors of PSQ Holdings, the parent company of PublicSquare.
