Truth social falls after the submission opened the door for the sale of Trumps $ 2.3 billion.

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The shares of Donald Trump’s social media company fell after the regulatory registration of the president had opened the door that sold his entire share of USD 2.3 billion, as well as global investors prepared for his tariffs “liberation day”.

The shares of the Trump Media and Technology Group, which the social truth social operates, fell 7.4 percent on Wednesday after stating in a supervisory authority that large shareholders, including a trust that holds the president’s shares, could unload them.

The submission to the Securities and Exchange Commission on Tuesday showed that Trumps can be sold 114 million stocks “from time to time in one or more offers”. The proportion is worth approximately $ 2.3 billion and in a trust that of his son Donald Trump Jr.

Existing shareholders, including the President, the US general Prosecutor Pam Bondi, the TMTG chairwoman Devin Nunes and a company with Cayman Islands named Yorkville, can try to sell up to 134 million stocks, as the registration shows. TMTG also announced that it could spend up to 8.4 million new shares associated with previously occurring contracts that have the owners of owners buy at a preset price in the group.

In a contribution about Truth Social on Wednesday morning, Trump Media contested that his securities registration “paved the way for the Trump Trust to sell his shares”. It described the prospectus as a “routine registration”.

The shares of TMTG, which are traded under the ticker DJT, have overthrew more than 40 percent in view of a US stock market sales that is heated by the president’s aggressive trade agenda, and fear that the taxes will weigh up the largest economy in the world for some of the most important trading partners.

Later on Wednesday, which he referred to as a “liberation day”, Trump will announce his new “mutual” tariffs abroad in a ceremony in the rose garden of the White House.

In September, after Trump said, DJT rose that he did not intend to sell one of his own shares in the company. The trade in the stock was temporarily stopped by Nasdaq on this day.

Trump later accused Nasdaq of taking “orders from the SEC”. The President wrote about the truth and said at the time: “What right (Nasdaq) does this have to do? You did it twice today. What’s going on?”

At the beginning of this week, TMTG was the first group to listen to the Texas platform of the New York Stock Exchange, although the main listing on Nasdaq remains.

For individual investors, the share had become a popular way to show their support for the president, although TMTG reported a net loss of $ 19.2 million in the third quarter. In October, the company announced that it had around 650,000 shareholders, “with a unique profile that mainly includes retail investors”.

“Only around 2,100 investors had more than 5,000 shares, and less than 1,000 investors had more than 10,000 shares,” said the company.

This article has been changed since the first publication to clarify the conditions of the TMTG registration.