Trump can soon tap his $2 billion Truth Social fortune. But it won't be easy
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Former President’s Access to Fortune in Media Company #
Former President Donald Trump is expected to gain access to a $2.3 billion stake in Trump Media & Technology Group (DJT) as the lock-up period is set to expire on September 25. This potentially allows Trump to use the funds for legal fees or funding a possible presidential campaign. However, experts believe that selling a large portion of Trump Media shares could negatively impact the stock price. The company’s value has already plummeted by 70% since March, with Vice President Kamala Harris gaining popularity in the polls. Despite the upcoming access to funds, Trump may face challenges if he decides to sell his stake in the company.