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Donald Trump Jr. Invests in Social Media Company That Holds Crypto Reserves
Odaily News Donald Trump Jr. has bought shares of a loss-making social media company that is building a Bitcoin reserve, the latest investment in the Trump familys cryptocurrency as a treasury asset strategy. Los Angeles-based Thumzup Media said in a filing on Wednesday that Trump Jr. holds 350,000 shares of the company, which is worth more than $4 million based on yesterdays closing price of $12.36 per share. According to a person close to Trump Jr., Trump Jr. bought the companys shares on the advice of his investment adviser and has no other relationship with the company. (Jinshi)
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