Calling #bitcoin a "crown jewel," #DevinNunes said the move was designed to defend the company against what he described as "discrimination by financial institutions" against *conservative* [fraudulent] businesses. The funds will also support the launch of #Trump-branded exchange-traded funds & other #crypto products later this year, pending #regulatory approval.
"Since Trump Media now has approximately $3 billion on its balance sheet, we have the flexibility to take actions like this which support strong shareholder returns, as we continue exploring further strategic opportunities," said CEO #DevinNunes in a release announcing the move.
#Trump, who indirectly owns more than 114 million shares of the company through a revocable trust, remains the largest shareholder.
new Trump crime family crypto SPAC is called "Renatus Tactical Acquisition Corp I" and is registered in the Cayman Islands because "America First".
(by "Trump crime family" I don't mean like, Trump's kids. the people involved here are Devin Nunes (CEO of Truth Social) and some guys from the original DWAC SPAC that gave us #DJT.
also a reminder that #TruthSocial had already announced it would be using its capital to "invest" in #cryptocurrency a few months ago.
Trump Media announced plans to partner with partner Yorkville America and Crypto. com to launch exchange-traded products and funds (ETFs) through the Truth. Fi brand - products will have a 'Made in America' focus and be available in US & internationally
#TrumpMedia #TMTG #DJT #Cryptocom #YorkvilleAmerica #DevinNunes
https://www.sec.gov/Archives/edgar/data/1849635/000114036125010057/ef20046041_ex99-1.htm
Earlier in Feb TMTG announced they were expanding into financial services, now they are exploring setting up "a strategic acquisition fund with select investors" and possible subsidiaries in a variety of industries.
Lofty ambitions for a company with dismal results so far.
I'll be keeping an eye on who the 'select investors' are...
Trump Media & Technology Group (TMTG) and CEO Devin Nunes announce the board voted to advance plans for possible new mergers, acquisitions and partnerships in the 'America First economy'
Trump's media company is jumping on the grift-for-all bandwagon
#Trump #TrumpMedia #TMTG #DevinNunes #DJT
https://www.sec.gov/Archives/edgar/data/1849635/000114036125005332/ef20044107_ex99-1.htm
While everyone else in inaugural fever haze of #Trumplandia II loves #Winning more than #CharleSheen on a blow binge... poor #DevinNunes faces further humiliations in flailing #defamation case
A federal appeals court in Iowa handed Devin Nunes another loss in his defamation suit against journalist Ryan Lizza and Hearst Magazines over a 2018 Esquire article that said the Nunes family’s dairy farm knowingly employed undocumented immigrants after a lower court judge determined that the story was “substantially, objectively true.”
Lawsuits to muzzle his ugly truths
https://lawandcrime.com/high-profile/truth-social-ceo-devin-nunes-suffers-another-loss-in-defamation-suit-after-judge-found-it-substantially-and-objectively-true-that-his-family-farm-employed-undocumented-immigrants/ #DevinNunes #Immigrants
Trump announced in a Truth Social post he will appoint Devin Nunes Chairman of the President's Intelligence Advisory Board - Nunes will also continue in his role as Trump Media & Technology Group CEO
Trump also announced on Truth Social that he has tapped Richard Grenell as presidential envoy for special missions.
Grenell has recently worked with Jared Kushner on business deals in the Balkans, and wanted to be Sect of State.
#DevinNunes #RichardGrenell #Trump
https://www.washingtonpost.com/politics/2024/12/14/devin-nunes-donald-trump/
U.S. President-elect Donald Trump has chosen Devin Nunes, a staunch ally and head of Trump's social media platform Truth Social, to be the chairman of the White House Intelligence Advisory Board. #DevinNunes #DonaldTrump #WhiteHouse #IntelligenceAdvisory #TruthSocial #Politics
Read more here: https://www.ibtimes.com/trump-chooses-truth-social-ceo-devin-nunes-lead-intelligence-advisory-board-3755538
Why not just appoint Putin?
“Trump’s Stooge” Gets His Reward
https://www.motherjones.com/politics/2024/12/devin-nunes-trump-intelligence-advisory-board-truth-social-trump-stooge/
Convicted felon President-Elect Trump takes to social media to trash one former ally, name another flunky to intelligence job for which he's unsuited and unqualified.
Devin Nunes fails upward again!
https://nationalzero.com/2024/12/14/get-it-chris-christie-is-fat-and-he-eats-a-lot-of-mcdonalds-haha/
#ChrisChristie #ConvictedFelonTrump #NewJerseyDrones #DevinsCow #DevinNunes #TuckersBalls
https://link.motherjones.com/public/37759899
As aide to then-Rep. #DevinNunes…#KashPatel led an investigation…of #FBI’s probe of the Kremlin’s attack and contacts between Trump and Russia…
One lead…was a campaign adviser named Carter Page…
…a DoJ inspector general later concluded, the FBI erred in using this document…for the #FISAwarrant on Page…
…In a brilliant stroke of #disinformation…#Patel…falsely asserted that it had been the Steele memos that had prompted the #FBI to launch the #TrumpRussiaInvestigation…
RingOfFire: Whistleblower BLASTS #trump Media Group For Hiring cheap Foreign Labor.
Whistleblower report from #ProPublica inside of Trump Media & Technology Group. CEO #DevinNunes outsourced vital work to outside countries instead of using American labor.
The whistleblower alleges that Nunes has absolutely no idea how to run a company, and his mismanagement has driven out multiple people.
#TrumpMedia #Whistleblower Blasts Company for Outsourcing #Jobs Abroad as Betrayal of “#America First”
https://www.propublica.org/article/trump-media-whistleblower-complaint-devin-nunes
An internal #TruthSocial complaint reviewed by #ProPublica calls for the firing of CEO #DevinNunes, alleging he has pursued an “America Last” hiring policy, “consistently lied” and made the company vulnerable to action by regulators.
" . . . internal allegations [within Trump media company] that its CEO, former Rep. #DevinNunes, is mismanaging the company"
Like sand in the hourglass . . . there's #Republican corruption.
https://www.propublica.org/article/trump-media-truth-social-executives-ousted-devin-nunes
Trump Media Whistleblower Blasts Company for Outsourcing Jobs Abroad as Betrayal of “America First”
==
An internal #TruthSocial complaint reviewed by ProPublica calls for the firing of CEO Devin Nunes, alleging he has pursued an “America Last” hiring policy, “consistently lied” and made the company vulnerable to action by regulators.
#Trump #DonaldTrump #Business #election2024 #DevinNunes
https://www.propublica.org/article/trump-media-whistleblower-complaint-devin-nunes
Well, old devin can always go back to being a cow
Trumps praise when he appointed the cow "“a fighter and a leader” who “will make an excellent CEO.”
This praise aged about as well as well DJT's valuation and from a guy who tried to sue a fake cow account posting as Devin Cow
#DevinCow #DJT #trump #devinnunes #truthsocial #cow #stupidisasstupiddoes
The firm that operates Truth Social is in turmoil following internal complaints to company board. You love to see it!
Top execs exit Trump Media amid allegations of CEO Devin Nunes' mismanagement and retaliation
https://www.salon.com/2024/10/04/top-execs-exit-media-amid-allegations-of-ceo-devin-nunes-mismanagement-and-retaliation_partner/
@ProPublica
More proof that Trump, six times bankrupt, was never a business genius. He squandered daddy's inheritance on foolish projects. TV producer Mark Burnet rescued Trump from his failures by hiring him for The Apprentice.
Failing Trump Media has always been a laugh. It's CEO is Trump lickspittle Devin Nunes who once sued a cartoon cow – and lost. 
