Trump kicks off a sale of $ 2.3 billion in social truth

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The shares of the social media company in Donald Trump fell after the president opened the door to selling his share of $ 2.3 billion, just as global investors themselves regain the “Tahrir Day” tariff.

Arrows in Trump Media and Technology GroupThe social truth, decreased by 8 percent on Wednesday, after the company said in a file with the organizers that it had planned to sell more than 142 million shares.

The deposit at the Securities and Stock Exchange Committee showed late on Tuesday that Trump’s 114 million shares are included in the sale, which will be “from time to time in one or more offer.” The share value is about $ 2.3 billion and was held in a box controlled by his son Donald Trump Junior.

Playing shareholders, including the President, US Public Prosecutor Bam Bondi, Chairman of TMTG, and a company registered in the Kayman Islands, which is called Yorkville to sell a total of 134 million shares, and deposit offers. TMTG also plans to issue new 8.4 million shares.

The shares in TMTG, which are traded under DJT TECKER, decreased by more than 40 percent this year amid a sale in the American stock market fueled by the agenda of the aggressive president for trade and fears that these fees are on some major trade partners in America will burden the world’s largest economy.

Later on Wednesday, which was called “Liberation Day”, Trump will announce his “mutual” new definitions in foreign countries at a ceremony in the White House park.

In September, DJT has risen yet Trump He said he did not plan to sell any of his shares in the company. Trading in stocks was temporarily stopped by Nasdak later that day.

Trump later accused Nasdaq of “taking orders” from SEC. Writing on the social truth, the president said at the time: “What is the right that (Nasdaq) should do so? They did so twice today. What is happening?”

Earlier this week, TMTG became the first group List on the Texas platform on the New York Stock ExchangeAlthough its basic list will remain on the Nasdak Stock Exchange.

The arrow has become a A popular way for individual investors To show their support for the president, although TMTG reported a net loss of $ 19.2 million in the third quarter. In October, the company said it has approximately 650,000 shareholders “with a unique profile that includes an overwhelming majority of retail investors.”

The company said: “Nearly 2,100 investors had more than 5,000 shares, and less than 1,000 investors have more than 10,000 shares.”