Donald Trump Secures $1.3 Billion Earnout Bonus from Trump Media
The former president's stake in Trump Media & Technology Group increases significantly, reflecting a robust share price performance.
Overview
- Donald Trump receives 36 million additional shares in Trump Media, valued at approximately $1.3 billion, as part of an earnout bonus.
- The stock bonus is contingent on Trump Media's share price staying above $17.50 for 20 days within a 30-day trading period.
- Despite recent volatility, Trump Media's shares have consistently traded well above the threshold, supporting the substantial bonus.
- Trump Media, known for its Truth Social platform, remains a focal point for investors and Trump supporters.
- The earnout bonus increases Trump's total stake in the company, enhancing his financial position amid ongoing legal battles.