With 115 million shares in his control, Trump now faces the opportunity to cash in on a potential windfall or hold onto his stake, despite the financial pressures surrounding his portfolio.
Truth Social, the platform launched by Trump in response to being banned from major social media outlets in the aftermath of the January 6 Capitol incident, has become a symbol of free speech for many of his supporters.
The company's stock has fluctuated considerably since going public, with Trump's shares currently valued at $1.7 billion. However, selling those shares could result in the stock plunging, dealing a blow to loyal investors who have staked their money on the platform, as per a report by Yahoo News and ABC News.
Despite the financial risks and the potential gains, Trump has made it clear that he will not be selling his Truth Social shares.
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