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

Summary: According to Jinshi, Donald Trump's son, Donald Trump Jr., has purchased shares of a struggling social media company that is building Bitcoin reserves, marking the latest investment by the Trump family in cryptocurrency as a treasury asset strategy. Thumzup Media, based in Los Angeles, stated in a filing on Wednesday that Trump Jr. holds 350,000 ...

According to Jinshi, Donald Trump's son, Donald Trump Jr., has purchased shares of a struggling social media company that is building Bitcoin reserves, marking the latest investment by the Trump family in cryptocurrency as a treasury asset strategy. Thumzup Media, based in Los Angeles, stated in a filing on Wednesday that Trump Jr. holds 350,000 shares of the company, which, based on yesterday's closing price of $12.36 per share, are valued at over $4 million. A source close to Trump Jr. revealed that he purchased the company's stock on the advice of his investment advisor and has no other relationship with the company.

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