Breaking news (or not): Trump Media & Technology Group (TMTG), the lovely folks who brought you Truth Social, are apparently plotting to snag a cool $6.42 billion in CRO tokens. 🎉
But wait, there’s more! New intel suggests that things might not be as reckless as they sound-surprise, surprise. 😏
All the Juicy Details on the Trump CRO Deal (Hold onto Your Hats)
Apparently, the big splash isn’t happening right now. Instead of dropping $6.42 billion like they’re Oprah handing out cars, they’re starting modestly-roughly $200 million in cash plus a sweet 19% stake in CRO’s market cap, bought at half-off. Because who doesn’t love a good discount? 🤑
And just in case you thought this was a done deal, the rest depends on credit lines and warrants-which basically means their future crypto splurge is as solid as a Jenga tower in a tornado. 🌪️
This whole thing flips the narrative from a mega-buy to a slow and cautious (read: oh-so-scary) approach. Talk about not putting all your eggs in one digital basket! 🥚
[ ZOOMER ]
REPORTS OF TRUMP MEDIA BUYING $6B IN $CRO INNACURATE, THE DIGITAL ASSET TREASURY WILL BEGIN WITH ~19% OF $CRO MARKET CAP IN TOKENS AND $200M IN CASH WHICH WAS OBTAINED BY SELLING TOKENS AT ~50% DISCOUNT, FURTHER PURCHASES DEPENDANT ON CREDIT LINES AND WARRANTS: FILING
– zoomer (@zoomerfied) August 26, 2025
In classic Trump fashion, this moves on top of their existing crypto partnership, which includes launching some fancy ETFs called “America First,” featuring the usual suspects-Bitcoin, Ethereum, and everyone’s favorite, Cronos (CRO). Because nothing says “patriotic” like stacking coins while sipping a latte. ☕️
Rumor has it, CRO might become part of Truth Social and Truth+-think of it as turning your social media feed into a crypto playground. Imagine tipping your friends in CRO-because who needs coins when you have social clout? 💸
TRUMP MEDIA & TECHNOLOGY: WILL INTEGRATE CRO TOKEN ON ITS TRUTH SOCIAL AND TRUTH+ PLATFORMS – RTRS
– Tree News (@TreeNewsFeed) August 26, 2025
Details are as clear as mud, but one thing’s for sure: they’re diving headfirst into digital assets like it’s a pool full of gold coins. 🏊♂️
By adding CRO into their mix, TMTG is trying to turn their platforms into a DeFi carnival-think subscriptions, tips, and digital content paid for with crypto. Where social media meets the Wild West of finance. 🤠
This move further blurs the line between social media and decentralized finance-basically turning your feed into a crypto coin tumble. 💥
And because no good story is complete without some controversy, TMTG’s crypto antics are already raising eyebrows. Stay tuned for more drama as filings come out and headlines scream. 📉
Oh, and did we mention? CRO’s price shot up nearly 25%, trading at about $0.1968. Because what’s a scandal without a little pump? 📈
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2025-08-26 16:28