Trump the meme stock. How does he actually cash in? Very few people have figured out a way to monetize inflated meme stocks bc as soon as they do, the bubble bursts. What they CAN do while they've got this positive momentum, issue new primary shares and load the company w/cash 👇
They can use that cash to basically buy anything. It is funny money. They can acquire a real businesses and turn this into something. But it's unlikely they want to be that strategic. If they really just want to get the money out, they can pay dividends to all shareholders. 👇
They can probably raise 1B of cash in an at-the-market offering and pay it out.Trump would get his cash with good tax treatment. Issuing more shares would dilute Trump's position,but he'd still be able to cash out with A LOT of money.This would be the easiest way to monetize this
@SRuhle How is this not money laundering? Truth Social may have no value as a business, but the $5.7 billion they just put in the bank does, and Trump now has access to half of it which will can be sold for several billion no matter how bad Truth Social does.