So a public company that in 2024 had $3.62 million in total revenue (somewhat better than the average McDonald’s restaurant) and suffered a $401 million net loss is raising $2.5 billion in capital to buy … {checks notes} … bitcoin. Guess whose company it is. What could possibly go wrong? https://www.reuters.com/business/trump-media-raise-25-billion-fund-bitcoin-treasury-2025-05-27/
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