Trump's Truth Social raises $2.5 billion from undisclosed sources to buy Bitcoin

[Nevilledog]

https://popular.info/p/trumps-truth-social-raises-25-billion?r=1tij7k&utm_medium=email

As a media company, Trump Media & Technology Group (TMTG), the parent company of Truth Social, is a failure. According to its latest SEC filings, TMTG generated just $821,200 in revenue in the first quarter of 2025 against $40 million in expenses. For the entire year of 2024, the company generated $3.6 million in revenue and incurred $189 million in expenses. The company, tellingly, does not disclose the number of users it has. But its anemic revenues suggest few people are logging onto its social network or watching its streaming video content.

It wasn't supposed to be this way. In an investor presentation coinciding with the company's 2021 launch, TMTG projected $835 million in revenue for 2024. The company's actual revenue in 2024 was $3.6 million.

TMTG predicted that in 2025, it would generate $1.8 billion in revenue. After bringing in just $821,200 in the first three months of 2025, TMTG has a long way to go to hit its target.

In other ways, however, TMTG has been a success. Based on its stock price, the company has a market capitalization of over $5 billion. Trump owns about 50% of the company shares, making it one of his most valuable assets. Trump fans invest in TMTG stock, which trades under the symbol DJT, to express their affinity for Trump.

Still, goodwill only goes so far. With its meager earnings, DJT stock has declined by over 50% in the last year. Now the company has launched an audacious plan to increase its value.

*snip*

[Botany]

1. And they made Jimmy Carter sell his beloved peanut farm and spent @ least 1 million on investigating ..

… the Clinton’s Xmas cards that got sent out. News flash Krasnov is a crook.


Trump Media & Technology Group (TMTG), is like Trump’s real estate properties that were
used to launder dirty money for mobsters, grifting governmental leaders, oligarchs, Arab
oil companies and people, and even the Iranian Revolutionary Guard (see Trump Hotel
Azerbaijan https://www.newyorker.com/magazine/2017/03/13/donald-trumps-worst-deal)
also those properties were and our places to bribe Trump (see China investment into Trump’s
D.C. hotel). So a Trump connected organization is being used to park money made from
selling of crypto scam currency? What a shock.

Bringing in 800 K vs 40 million in expenses… great business model.

[FishBones51]

2. This is what the country "voted for"

[Botany]

3. That election was as real as a 78 year old man getting a bullet wound to his ear that heals in ..

.. 2 weeks without leaving a scar or even a scab. @ least 4 million voters were removed prior to
the election (true the vote) and Musk and the Russian GRU were into the voting data on the back
end.

[tetedur]

4. Carter's peanut farm was put into a blind trust. Because of mismanagement by the trustees the farm was sold after

Carter was out of office.
https://www.usatoday.com/story/news/factcheck/2023/02/24/fact-check-jimmy-carter-put-peanut-farm-blind-trust-during-term-president/11340029002/

Carter put his family-owned peanut business into a blind trust in 1976 before he took office in 1977, as reported by the Washington Post.

It was one of several measures Carter announced before his inauguration to avoid potential conflicts of interest and other ethical concerns, as he outlined in a 1977 statement included in the New York Times digital archive.
. . .
When reached for comment by USA TODAY, Occupy Democrats founder Omar Rivero said “gave up” would’ve been a more accurate term than “sold." He acknowledged the sale of the peanut farm happened after Carter left office.

The Carters sold the peanut farm in March 1981, shortly after Carter left office following a failed bid for a second term. Years of drought and changes in warehouse management had left the Carters with more than $1 million of debt at that point, according to the Plains Historical Preservation Trust.

[Botany]

5. Thanx for the more accurate information!

Knowledge is good.

[tetedur]

6. I am old enough to remember when he left office and found out he was $1 million in debt.

That was when he started writing books to earn some "much needed" income.

Lately, I have heard at least 3 talking heads repeat the notion that he sold the farm when he got into office and I scream at the
TV but for some reason it doesn't do any good. . . .