Sun. Dec 22nd, 2024

Trump’s Media Company Sees Stock Surge Amidst Bitcoin Price Jump

Donald Trump’s media company, Digital World Acquisition Corp., saw its stock price surge by more than 1,000% on Thursday, following a tweet from Trump about Bitcoin. The price jump came after Bitcoin reached an all-time high of $64,000. Digital World Acquires intends to merge with Trump Media and Technology Group, which plans to launch a social media platform. The Securities and Exchange Commission (SEC) is reportedly investigating the stock’s sudden rise.

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