Trump Allowed To Sell Truth Social Shares Next Month

Bloomberg News reports:

Next month the former president will be able to start selling bits and pieces of his $2.6 billion ownership in Trump Media & Technology Group Corp., whose share price has fluctuated wildly since going public through a special-purpose acquisition company merger in March. Trump has not indicated any intention to sell shares in Trump Media.

And, doing so could give the impression that Trump is prioritizing personal profits — a criticism pundits often level at him — and alienate loyal followers who poured money into the company’s stock as his presidential campaign surged earlier this year. However, the Republican nominee is also facing massive legal bills that a sale could help cover.

Read the full article.

This may be the con of the century. If Trump cashes out he won’t give a damn about Truth Social or his idiotic investors anymore. Their stock will be worthless and heading to bankruptcy.

Trump Is About to Get the All-Clear to Cash In on Media Shares https://t.co/8dWj3Bj6D9

— John Oberlin (@OMGno2trump) August 20, 2024

Trump is about to get the all-clear to cash in on his $DJT media company shares. He’s going to take his money and run while his shitty company goes down and the rest of the investors get screwed again. pic.twitter.com/qNlJnwJXFB

— Doozy_Player🛩️ (@Doozy_Player) August 20, 2024