Donald Trump starts on sale of 2.3 billion dollars

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Donald Trump’s shares in the social media campaign fell after the president opened the door to sell all his share of $ 2.3 billion, just as world investors went for their “release” tariffs.

Stock in Trump media and technological groupsOn Wednesday, the governing truth fell 7.4 percent after the company said it had stated with the regulators planned to sell more than 142 million.

The submission to the Securities and Exchange Commission at the end of Tuesday showed that 114 million shares of Trump were included in the sale, which will be held “from time to time in one or more sentences”. The proportion costs about $ 2.3 billion and is confidence controlled by the son of Donald Trump -younger.

Existing shareholders, including President, US Prosecutor General PEM Bondi, Chairman of TMTG Devin Nunes and the company registered in the Cayman Islands, under the name Yorkville will seek to sell only 134 million shares. TMTG also plans to release new stocks 8.4 million.

In a report of social truth on Wednesday morning, Trump Media denied its submission of securities, “opening Trump’s way to sell its shares.” It describes the avenue as “ordinary feed”.

TMTG shares traded under DJT Ticker this year have been loaded more than 40 percent amid the sale on the stock market, which is fueled by the President’s aggressive trade program, and the concerns that the fees of some key trading partners in America will weigh the largest economy in the world.

Later on Wednesday, which he was named “Liberation Day”, Trump announces his new “mutual” tariffs at foreign countries at the White House pink garden.

In September DJT grew after Trump He said he did not plan to sell any of his actions in the company. Later, on this day, NASDAQ was temporarily stopped.

Later, Trump accused Nasaka of “making orders from” SEC. Writing about the truth social, the president said at the time: “What is the right thing (NASDAQ), what should they do?

Earlier this week TMTG became the first group List on the Texas Platform New York Stock ExchangeAlthough its main list will remain on NASDAQ.

Stock became A popular way for individual investors To show his support to the president, despite the fact that TMTG reports a net loss of $ 19.2 million in the third quarter. In October, the company stated that it had approximately 650,000 shareholders, “with a unique profile consisting of retail.”

“About 2100 investors alone owned more than 5,000 shares, and less than 1,000 investors owned more than 10,000 shares,” the company said.