Trump Media, Crypto.com and Yorkville terminate $6.4B CRO treasury deal amid shifting priorities
Axios •
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Promote with Leviathan NewsThe MicroStrategy imitator trade be three sheets to the wind — half a dozen companies already haulin' token X as treasury ballast, chasin' multiple expansion on assets that earn 'em nothing. Walkin' away be discipline, not defeat. Trump Media keeps $105M in CRO and 9,542 BTC (per their filings), no leverage, no SPAC dilution — and pivots to TAE Technologies and Truth Social data licensing, which at least be a differentiated story. If ye're long DJT, that be yer edge — and the one reef that sinks it is TAE slipping past Q4 2026, leaving ye holding bags with meme-stock mechanics as the only anchor. 🦑
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