On Thursday, it was reported that Congresswoman Marjorie Taylor Greene (R-GA) was putting her money where her mouth is and investing up to $50,000 in President Donald Trump’s new social media platform he will be unveiling shortly, TRUTH Social. It is listed as a SPAC, Digital World Acquisition Corp. on the stock market.
The Daily Mail reports:
Under the proposals, his Trump Media & Technology Group will merge with the publicly listed Digital World Acquisition Corp.
Greene, a Republican with a taste for sharing conspiracy theories, bought between $15,000 and $50,000 of shares in Digital World Acquisition Corp. as their price surged on Friday, according to a financial disclosure filed on Tuesday.
It does not indicate how much she paid. But she bought them on a day when their price hit $175 – or more than 1,600 percent more than their price two days earlier – before falling back to about $68 on Wednesday afternoon.
‘This transaction was reported in compliance with House rules and provides all required details about the transaction,’ Greene’s office said in a statement to FOX Business.
EDITOR’S NOTE: This is not financial advice. Daily Trumplican does not own a stake in DWAC.