THE SOCIAL NETWORK OF PRESIDENT TRUMP RAISES $2.5 BILLION TO INVEST IN BITCOIN.
Trump Media & Technology Group, owner of Truth Social, is diving into cryptocurrencies taking advantage of its high valuation.
Donald Trump and his family continue to do business at full speed while the president occupies the White House. This Tuesday, the company Trump Media & Technology Group (TMTG), owner of the social network Truth, announced that it is launching to raise $2.5 billion from investors to allocate to the purchase of bitcoin. In some way, this allows for the consolidation of a high valuation for a loss-making company with barely any revenue whose stock market price defies logic and is only justified by being the majority ownership of the president.
