Coinbase Executives Admit It! $300 Million Poured Into ’Trump Government’ To Secure Favorable Relations
When political contributions meet crypto ambitions—the price of influence just got a blockchain upgrade.
The $300 Million Gambit
Coinbase leadership openly acknowledged funneling three hundred million dollars toward Trump-affiliated initiatives. Not exactly pocket change—even by crypto standards. The move signals a strategic pivot from regulatory defiance to political courtship.
Buying Seats at the Table
Traditional finance always played the lobbying game. Now crypto's learning that sometimes, the most decentralized solution involves... centralized political spending. The irony isn't lost on industry watchers.
Washington's New Crypto Cowboys
The admission reveals what many suspected: digital asset firms are tired of playing defense. When regulations loom, sometimes the best smart contract is an old-fashioned handshake in a suit-filled room.
At least they're transparent about their manipulation—unlike certain 'stable' coins we could mention.
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Meanwhile, LHX shares dropped slightly on Tuesday, closing at $285.44. Overall, the stock is up over 35% year-to-date.
A Push to Meet Rising Demand
The MOVE comes as global conflict lifts demand for long-range gear. The fight in Ukraine and unrest in the Middle East have raised orders for missiles and air defense tools. As a result, many major firms face long wait times for the motors that power these units.
L3Harris gained a Core spot in this part of the field after it bought Aerojet Rocketdyne for $4.7 billion two years ago. Since then, the firm has used its Camden site to build more than 115,000 small solid rocket motors each year. Now the new site will help the firm add medium and large motors used in missiles and new high-speed gears.
Furthermore, the plan aligns with a broad U.S. effort to build a new home guard shield called the Golden Dome. The shield will need more motors to meet test phases and future orders.
A Wider Lift In United States Supply
The Arkansas plan is part of more than $500 million in new spending across sites in Arkansas, Virginia, and Alabama. These steps aim to fix long-term strain in the U.S. rocket motor field, which has held back some top weapons lines across large contractors like Lockheed Martin (LMT) and RTX (RTX).
As a result, Camden will grow from a longtime plant for small motors into a large hub for a wider U.S. rocket motor supply. The move also helps the country cut risk tied to a field with few major firms.
Also in focus are companies’ ESG metrics. Investors who use ESG screens now treat some defense work as CORE for long-term safety needs. While some funds still leave out defense firms, other groups view a stable supply of key gear as part of broad social strength. As a result, this type of plan can gain more support from funds that once kept clear of the field. Overall, the new site reflects a clear shift in the U.S.’s focus toward a stable supply of missile parts. It also gives L3Harris a larger spot in a field that will shape many major orders in the years ahead.
Is LHX a Good Stock to Buy?
Turning to the Street, L3Harris Technologies boasts a Moderate Buy consensus rating. The average LHX stock price target stands at $332.83, suggesting a 16.60% upside from the current price.
