TechFlow, July 10 — According to Bloomberg, Donald Trump Jr., son of U.S. President Donald Trump, purchased approximately 350,000 shares in the social media company Thumzup Media Corp. through a $6 million private placement of convertible preferred stock arranged by Dominari Securities, valuing the stake at over $4 million based on the previous closing price.
Thumzup Media Corp. is a currently loss-making social media company that has allocated most of its liquid assets to Bitcoin since January, currently holding over $2 million, and has announced plans to expand into six other crypto assets.
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