Incredible $1 Million Dollar Boost For President Trump’s New Social Media Site
Millions of people have been waiting for President Trump to return to social media after he was “canceled” by the globalist regime.
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Trump said in a statement on Saturday that the investment will put his company “in a stronger position to fight back against the tyranny of Big Tech.”
Trump announced his new company in October, “Trump Media & Technology Group” (TMTG).
According to Business Insider,
“President Donald Trump’s forthcoming digital media platform and its SPAC partner says they have entered into subscription agreements to raise an estimated $1 billion from investors.
Trump Media & Technology Group Corp. (TMTG) and Digital World Acquisition Corp. (DWAC), a special purpose acquisition company, announced on Saturday that the two companies reached a deal to fund Trump’s new social media website, TRUTH Social. TMTG has formerly described aspirations for the site and accompanying app to serve as “a conservative media universe” with “non-woke content.”
The deal — which sources first told Reuters was in progress earlier this week — will provide estimated proceeds of $1.25 billion to TRUTH Social, according to a press release. While the identity of the investors remains unknown, the funding will function as “PIPE” investments, or private investments in public equity.”
