Reported 3 days ago
Newsmax Inc (NYSE:NMAX) shares surged following the company's announcement of a strategic plan to invest up to $5 million in Bitcoin and Trump Coin. CEO Christopher Ruddy highlighted Bitcoin's growing importance in the cryptocurrency market and expressed excitement over incorporating Trump Coin into their reserves, which is expected to reflect the success associated with the Trump presidency. Newsmax aims to become the first company listed on the New York Stock Exchange to include Trump Coin in its portfolio.
Source: YAHOO