Foresight News reports that, according to Bloomberg, Donald Trump Jr. has purchased 350,000 shares of the Nasdaq-listed company Thumzup for over $4 million. Sources reveal that Donald Trump Jr. made the purchase on the recommendation of an investment advisor and has no other affiliation with the company.
Foresight News previously reported that Thumzup Media Corp announced it is raising $6.5 million at a price of $6 per share. The company intends to use the net proceeds from the proposed offering for general corporate purposes and to explore accumulating other cryptocurrencies.