A small logistics company's plan to hold President Donald Trump's memecoin as a treasury asset is fueling its blistering stock rally. Freight Technologies Inc. said it will use proceeds from the sale of convertible notes to buy the Trump digital token. The company intends to start with a $1 million offering, and may raise up to $20 million. The penny stock more than doubled on May 2, giving it a $4.71 million market value. The move followed a more than 20% swing up and then back down in the two trading sessions after the April 30 announcement.
Freight Technologies' CEO Javier Selgas said in the release that purchasing the coin was a way to "advocate for fair, balanced, and free trade between Mexico and the U.S."
So, understand, this company is bribing Shitler, directly, publicly, to impact public policy.
This is our new normal
Thanks magat scum
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