Today's Summary on Trump and CRO
Mergers and New Corporations
- Trump Media (DJT), Yorkville SPAC (NASDAQ: YORK), and Crypto.com are merging to establish the "Trump Media Group CRO Strategy."
- The world's first CRO-based publicly listed treasury company.
Funding Size – Total $6.42 billion
- CRO $1 billion (approximately 630 million, market cap 19%)
- Cash $420 million
- Credit line $5 billion
→ The highest proportion of digital assets in treasury compared to market capitalization ever.
New Ticker Listing
- Yorkville common stock will be listed on NASDAQ under the ticker "MCGA" and will later transfer the code as part of the CRO strategy after the merger.
Equity Structure & Lock-up
- The three companies (Yorkville, DJT) hold a majority stake.
- Founders' shares are subject to a 1-year mandatory lock-up + 3-year gradual release → Minimizing short-selling pressure.
CRO-Centric Treasury Strategy
- Most of the cash will be reinvested in purchasing CRO.
- Securing ecosystem-aligned digital assets instead of traditional assets → Capturing long-term value.
Validator Node Operation
- Operating its own validator → Participating in network security/governance.
- Expanding CRO holdings through staking rewards, covering operational costs.
+ Suddenly, did some good news come from Meta? NMR is also showing an absurd rise after yesterday's good news;;;
Seems to be paying attention to the good news.
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