Trump Media Drops $12B Securities Bomb—Now Eyeing Bitcoin ETF Play
Wall Street's favorite circus is back in town. Trump's media empire just filed paperwork for a staggering $12 billion in new securities—because nothing says 'stable investment' like mixing politics, media, and crypto.
Bitcoin ETF ambitions? Of course. Because when your stock trades like a meme coin, why not double down on volatility? The move reeks of desperation—or genius, depending on which cable news channel you watch.
Funny how every company suddenly 'believes in blockchain' when they need to distract from quarterly losses. At least this time they're skipping the useless NFT step.