BOTS, Inc. Opens President Trump Coin $Pres to Ownership on the Binance Smart Chain and Trading on the Popular Decentralized Exchange, Pancakeswap - Seite 2

This led some of the prominent investors in a SPAC named Digital World Acquisition — including the hedge funds D.E. Shaw and Saba Capital — to the surprising realization that they were financially backing Mr. Trump's latest Company.

Mr. Trump's new Company, Trump Media and Technology Group — incorporated in Delaware in February with little fanfare and with no revenue or tested business plan — reached a deal to merge with Digital World on Wednesday.

Digital World, which was set up shortly after Mr. Trump lost the 2020 electoral vote, only last month raised nearly $300 million, largely from big investors. Assuming the merger is consummated, that money will soon be bankrolling the Trump media venture, which plans early next year to offer a Twitter-like social media app.

Shares of the newly merged Company soared on Thursday, rising more than 300 percent to close at $45.50 a share and partly reflecting expectations that the former president's media company could be very profitable. Some Republican groups immediately sought to use the announcement of the social media site for fund-raising purposes. The Republican National Committee, for instance, sent a "BREAKING NEWS" email on Thursday asking supporters if they would join the site.

The hedge funds that invested in Digital World appear to have profited at least on paper, given the stock's steep rise on Thursday and continued upward soaring prices on Friday. The stock climbed so fast that it underwent several halts to cool off what appeared to be unsustainable surges in price per share on Friday.

Bots' incubator company, Tipestry.com, recently launched a section for groups which now includes: https://tipestry.com/group/MAGA-Mania where $PRES can be tipped between users that post content.

Liquidity of $PRES and its price can be added and tracked here:

https://charts.bogged.finance/0x19b8213B09B76f4BF01464559F7b915669065f ...

Bots, Inc. owns a 6% interest in Tipestry.com and is the majority owner and successive founder of the commemorative coin President Trump (COIN: PRES) and will retire the portions of the Omni version of PRES as owners convert to the Binance version so that the total ownership never exceeds the original 57,968,072,167 minted in President Trump coinage.

PRES will also be tradeable on Bots' upcoming decentralized exchange, Kosher Swap.

About BOTS, Inc.

BOTS, Inc. is a global technology company specialized in Blockchain-based solutions, including decentralized finance applications, cybersecurity solutions, and owns a portfolio of digital assets and crypto-related businesses such as BeadSwap, a decentralized crypto exchange, Bitcoin ATM machines, and corresponding U.S. patents and Cyber Security Group LLC, an ISO/IEC 27001:2013 Information Security Management System certified company. The Company also provides crypto mining consulting, optimization, and crypto mining equipment repair and insurance.