The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.

#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.

Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.

#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html