Trump Media & Technology Group Corp DJT

Communication Services

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its brands consist of Truth Social, TMTG+, and TMTG News. TMTG is also engaged in operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a newly opened data center as the Company works to bring additional data centers into operation. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack.

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Trump Media & Technology Group Corp

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Post by BlackBear22on Oct 29, 2024 5:19pm

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Post# 36287654

I have no doubt that Yorkdale

is selling it's agreed to 32 Mil shares into this market for Trump Media.

Trump Media could have raised poterntially $1 to 1.6 Bil in cash over the past few weeks and shareholders will get dilution, but cash may be better than what they have now, although many of them were the ones that placed the cash there.
If this is happening DJT could have about $9.50 per share in cash holdings and a nonviable business.

What will that cash be used for in the future?

BB

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