Former President Donald Trump is set to gain access to his $2.3 billion stake in Truth Social, the social media platform owned by Trump Media & Technology Group. The lock-up period, which has prevented Trump from selling or borrowing against his shares, is scheduled to expire by September 25, according to filings. This change will allow Trump to potentially tap into these funds if he chooses.
While the expiration of the lock-up period enables the possibility of selling shares, no reports suggest that Trump plans to do so at this time. The company remains highly valued, despite recent fluctuations in its share price. If Trump does decide to leverage his stake, he could explore various financial strategies, including using his shares as collateral for loans. The decision to take any such action remains entirely within his discretion.
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