Tiny Red HandsOpen ledger

America First Audit

About this audit and its evidence

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Reversal ledger

Oldest to latest by event date. Each stop is one dated case.

Trump Media Bitcoin Treasury Financing

unresolved
Promised
Trump Media said a bitcoin treasury would support expansion, acquisition, and financial flexibility.Open cited record · 1 source
The record
The company entered subscription agreements with institutional investors for stock and convertible-note financing.Open cited record · 1 source
Who gained
  • Trump Media
Who paid
Existing shareholders faced the risks and potential dilution described in the company's offering filings.Open cited record
  • Trump Media public shareholders
  • Private-placement investors
Audit finding
unresolved

The financing shifted a Trump-controlled public company toward a crypto treasury during an administration advancing crypto-friendly policy; the sources do not establish a policy-for-investment exchange.

Causal strength: temporal association