Donald Trump Brings Final GENIUS Act Holdouts on Board, Approval Expected Tomorrow
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最新报道：Donald Trump's social media venture, Truth Social, is set to go public via a merger with Digital World Acquisition Corp (DWAC), pending final shareholder approval on Friday. The deal, valued at $3.3 billion, could significantly boost Trump's financial standing amid legal challenges. Trump Media & Technology Group, Truth Social's parent, reported $3.4 million in revenue and $49 million in losses over nine months in 2023. Despite skepticism over its financials, the merger has rallied DWAC shares, up 135% this year. If approved, Trump could own over 58% of the combined entity, potentially unlocking $3.5 billion in shares, though lock-up restrictions may delay sales.
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