Donald Trump, the son, bought 350,000 actions in Thumzup Media Corp, a startup blocked in the field of social media based in Los Angeles, and strives to collect Bitcoin, although his income did not exceed $ 151 in the last annual quarter.
According to the disclosure scheduled for Wednesday, the value of the agreement amounted to more than $ 4 million, based on the previous closure price of $ 12.36 per share. Bloomberg reported on Wednesday that Donald Trump, the son, had investigated his advisor’s recommendation and had no other relationship with the company. This disclosure came after a special offer of $ 6 million for excellent actions converted by Dominarii Securities, knowing that Trump, the son and his brother Eric, work as a consultant for the parent company owner of Dominarii.
Thumzup is heading strongly to digital currencies, and the Trump family intensifies its investments
Thumzup provides an application that allows users to make profits for promoting products on Instagram. Although it recorded losses of $ 2.2 million, against revenues of only $ 151 in the first quarter of the year, the company’s shares increased by 75% in the last four negotiation sessions, before decreasing by 17% in the midst of people.
Last January, Thumzup announced a remarkable quarter of work when he decided to keep most of his liquid origins in the form of Bitcoin. Since then, he has collected more than $ 2 million in money. It now plans to expand its investments to include six additional digital currencies using the money you collected during the last financing round.
This agreement deepens the Trump family association with treasury strategies based on digital currencies; The entities associated with the Trump family have always adopted the principle of the assembly of Bitcoin (Bitcoin) in its various projects, starting with the Dominarii investments in the boxes circulating on the Stock Exchange (ETF), thanks to the membership of the Metaplanet Corporation Council, to allocate the Trump Media & Technology group the amount of $ 2.3 billion to invest in Bitcoin.
Trump invests massively in digital currencies, and doubts increase in conflictual interests and disputes
Donald Trump has gone from a criticism of digital currencies in a supporter, promoting politicians aimed at making the United States “the capital of the world in the world”. The reports indicate that its investments – which include the World Liberty Financial Financial, the Ophicial Trump -Tomp and the official Melania and the official Melania and the non -replaceable codes (NFT), it has compared to billions of dollars.
However, these interconnected projects have raised questions about conflicting interests, internal governance and relations with controversial investors. However, these projects still collect the fruits of favorable regulatory laws and positions of the Trump administration supporting digital currencies.
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