- A historic day for $CRO. Trump Media Group CRO Strategy announced a $6.42b U.S. Dollar treasury play. See the press release for more info on the proposed Business Combination and important info about $YORK, $YORKW and $YORKU. Here’s what you need to know:
- A definitive agreement for a business combination with Nasdaq-listed $YORK to establish Trump Media Group CRO Strategy was signed today
- at completion, it will trade as $MCGA — Make CRO Great Again
- at completion, Trump Media Group CRO Strategy will be the WORLD’S LARGEST HOLDER of $CRO, with 6,313,000,212 CRO
- This ~6.3 billion CRO tokens is worth approximately $1b as of the time of the announcement
- separately, Trump Technology Media Group ($DJT) acquired $105m of $CRO and https://t.co/dwRH3YcIjT acquired $50m of $DJT
- This brings the total $CRO under the Trump Media Group umbrella to ~7 billion tokens.
- $CRO will become the PLATFORM TOKEN of Truth Social as a part of this broad, strategic partnership
- at completion, Trump Media Group CRO Strategy is expected to have $200m CASH to acquire more CRO
- https://t.co/dwRH3YcIjT and Trump Media Group are each chipping in additional $100m cash each via warrants and Yorkville is chipping in $20m cash via warrants, bringing the TOTAL CASH to ~$420m
- the company will also have access to a further $5 BILLION LINE OF CREDIT from Yorkville to, yes, you guessed it right, acquire even more CRO
- cumulatively, this will add up to an UNPRECEDENTED amount of DRY POWDER for any Digital Asset Treasury company, exceeding the total market cap of $CRO as of the time of announcement
- to put it in perspective, to reach similar level of buying power and impact on Ethereum, leading ETH treasury companies would have to buy hundreds of billion of ETH — just unprecedented
- Trump Media Group CRO Strategy will hold the CRO it acquires FOREVER
- Trump Media Group CRO Strategy will stake the CRO it holds to further boost its CRO holdings and generate ROBUST REVENUES for $MCGA
- let’s talk about $MCGA — all founding partners are fully committed to long term success for all $MCGA shareholders
- This means 4 year LOCKUPS for Trump Media & Technology Group, Yorkville and https://t.co/dwRH3YcIjT and $MCGA management (12 months full lockup and then partial unlocks every 6/12 months)
- very reasonable public float of 13% — original $YORK holders
- this presents a differentiated opportunity for investors in the Digital Asset Treasury space
- the mission of Trump Media Group CRO Strategy is to enhance shareholder value by maximising THE FLYWHEEL EFFECT: more funds raised, more CRO bought, prices appreciate, allowing for more funds to be raised and more CRO to be bought
- as a result of the flywheel, one should expect Cronos to reach its FULL POTENTIAL as the backbone of all financial services, including powering payments for AI agents
- it appears that the market has responded well to the news
- In the wise words of the namesake of the soon-to-be world’s largest holder of CRO: THANK YOU FOR YOUR ATTENTION TO THIS MATTER
- Here’s the official release: https://t.co/DCvwjCoqB2
Right after @animocabrands announced support for the $TOWER token buyback, @okx moved fast and releasing a full article diving into our journey and vision.
📰 OKX spotlighted:
🚀 $TOWER's +60.69% surge after the buyback news
🔁 How the buyback strengthens community confidence
🕹️ The unique F2P + P2E model of the TOWER Ecosystem
🎯 Animoca Brands' long-term vision for Web3 gaming
📖 Read the full article here 👇
Avant il fallait attendre 9 mois pour savoir si un bébé était une fille ou un garçon. Maintenant il faut attendre 25 ans et encore, ça peut être une chaise ou une licorne
C'est officiel, Donald Trump a signé un décret exécutif pour développer un stock national en cryptomonnaie 🔥
Les USA vont donc intégrer du Bitcoin et probablement d'autres cryptos dans leur stratégie de reserve !
🔴 Hommage au gendarme tué
"Je remercie notre France d'avoir tué mon tendre époux. La France a tué mon mari par son insuffisance, son laxisme et son excès de tolérance" : la veuve d'Eric Comyn s'exprime ⤵️
Dunkan Bossion is a 3D helicopter and drone racing world champion.
This is his remote controlled fighter jet being set up using vectoring system with turbine (and used on the field).
https://t.co/4KLSesN97f