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Trump's Son Invests in Social Media Company Thumzup Holding Cryptocurrency Reserve

3 hours ago

On July 10th, Donald Trump Jr., the son of former President Donald Trump, has acquired shares of a struggling social media company that is establishing a Bitcoin reserve. This marks the latest investment by the Trump family in the "cryptocurrency as a treasury asset" strategy. Thumzup Media Inc., based in Los Angeles, announced on Wednesday in a filing that Trump Jr. holds 350,000 shares of the company. According to the closing price of $12.36 per share yesterday, these shares are valued at more than $4 million. A source close to Trump Jr. stated that he purchased the company's stock upon the advice of his investment advisor and has no other connection with the company. (Jinse)
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