Thursday, August 28, 2025

"Trump Media Group CRO Strategy" Using Dinky Token CRO


 The Trump family has multiple crypto vehicles and continues to add more.  Fortune reported

The company that owns the Trump family’s media properties announced it has raised $6.42 billion to acquire a supply of a digital token called Cronos, which is issued by Crypto.com, one of the world’s largest crypto exchanges. The funding includes a $5 billion credit line, an already acquired stash of $1 billion of Crypto.com’s token, $220 million in warrants, and $200 million in cash.

That's 77.8% debt funded.  Likely not a record for a Trump venture.  It does add to the risk profile for Trump Media Group CRO Strategy, Inc.


TMG CRO Strategy could be viewed as a micro MicroStrategy given CRO's cheap price.  CRO went from 0.16 to 0.32 as of today.  

Decrypt reported:

CRO, the native coin of the Cronos network, hit a three-year high price Wednesday after President Donald Trump's media company announced plans to build a multi-billion-dollar treasury to hold the cryptocurrency.

A Trump Media (DJT) SEC filing reported:

On August 26, 2025, Trump Media & Technology Group Corp., a Florida corporation (“TMTG”), announced that it executed a Business Combination Agreement (the “Business Combination Agreement”), dated as of August 25, 2025, with Yorkville Acquisition Corp., a Cayman Islands exempted company (“SPAC”), YA S3 Inc., a Florida corporation and an indirect wholly owned subsidiary of the SPAC (“SPAC Sub”), Foris Holdings KY Limited, a Cayman Islands exempted company known commercially as Crypto.com (“Crypto.com”), Crypto.com Strategy Holdings, a Cayman Islands exempted company (“Crypto.com Sub”), and Yorkville Acquisition Sponsor, LLC, a Delaware limited liability company (“Sponsor” and together with TMTG and Crypto.com Sub, the “Sellers”)

Trump had prior dealings with Yorkville regarding TMTG (DJT).  

The Trump family also partners with Dominari Holdings on crypto ventures.  Dominari added a Crypto Advisory Board to its existing Trump dominated Advisory Board.


I believe the Trumps call it flooding the zone.  Most of the world calls it chaotic and untoward.  But that is the Trump brand.  If anyone can inflate a dinky token, Trump II can.

Wednesday, August 27, 2025

Cry for Trump II Argentina


Trump II, the digital Caligula, continues steering the U.S. economy away from first world status.  He took a page from the Argentina playbook with his firing the BLS Chief for supplying numbers that did not support his greatness. 

Bloomberg interviewed a gentleman several months ago about the Mar-a-Lago accords. He said "Why would you do that? It's a third world strategy."

PEU Report wrote:  

Key Mar-a-Lago Accord elements have a distinct hedge fund/private equity underwriter (PEU) odor.  They include:

Restructuring the U.S. debt load  ---- (analogous to PEU's) Going off balance sheet, PIK loans, liquidity recaps, mark to model/fantasy

Weaken the dollar ---- (analogous to PEU's) Harming product/service quality, fire workers, reduce benefits

Revamp trade via tariffs ---  (analogous to PEU's)  Capture industries via consolidation, Revamp laws per policy making billionaire priorities.

Establishing sovereign wealth fund --- (Newest opportunity for PEU capture) Red & Blue political teams love PEU, White House cabinets chock full of PEUs

The Mar-a-Lago Discords is the complete and total PEUization of America.  I wrote my wise friend recently, noting:

The Mar-a-Lago Accords --
  •  Shifting liabilities off balance sheet 
  •  Claiming fake savings 
  •  Pumping up value of assets 
  •  Pro forma never reconciled with reality 
  •  Fraud like we've never seen it......
There is nothing arm's length when you are on both sides of the deal, a common PEU strategy.

Trump II is ready to load up that sovereign wealth fund.  He plans to follow a 10% stake in Intel with many more government equity stakes, U.S. state backed enterprises.  That also has a central planning, third world aspect to it.  It all sounds so un-conservative, but that is Trump's brand.  

Pay me and I may be nice.  Pay me and I may not.  But either way pay me.  It can be money or homage.

Ideally both.

Update 8-28-25:  Japan says "not so fast" on Trump's $550 billion of sovereign wealth fund money.  Oddly, Affinity Partners founder Jared Kushner was back in the White House for a meeting on Gaza.  Jared called Gaza oceanfront prime real estate.  Trump wants to develop luxury resorts on Gaza beachfront.  Kushner's fellow PEU Tony Blair attended the Gaza development meeting.

Tuesday, August 26, 2025

Trump's Intel Shakedown Whets Appetite for More


Trump II, the digital Caligula, indicated the government would take more stakes in U.S. corporations.  Trump did so after shaking down Intel's CEO.  The shakedown occurred after Trump II called for his resignation.  

Who has equity stakes to sell?  Private equity underwriters (PEU) have been waiting for deep pocketed investors to come along and relieve them of their over-marked affiliates.  Could Trump II and the federal wallet be their savior?  

Trump could simply saunter down the beach at Mar-a-Lago and talk to his neighbors, many of whom are PEUs.


I'll venture a few would like to flip their stale affiliates for a profit, courtesy of Uncle Sam.  Such a deal, one that comes with deal fees.  Trump cut his teeth on fee generating businesses and currently has a giant stable under the various Trump named entities.  

If the man can finagle a free plane on the public's dime, what can he pilfer in the buying and selling of corporate equity stakes for "deals he arranged. "   Can anyone say finder's fee?  And where can those fees be seen?

Trump's Intel shakedown reminded me of the Saudi Crown Prince's 2017 imprisonment of royal family members and key business leaders.  It was only a little more subtle than the Crown Prince's effort.  

Trump II is coming for more corporate equity stakes.  If I were a CEO I'd be very careful about going to Mar-a-Lago.  With Trump one never knows what or who is on the menu.

Politicians Red & Blue love PEU and increasingly, more are one.  Uncle Sam might be the biggest PEU when this is all said and done.

Ay-Eye Governor!


The White House announced First Lady Melania Trump (of the Melania Meme-coin) will spearhead the Presidential AI Challenge.  The initiative is to indoctrinate K-12 students into artificial intelligence, which are customizable inference models (not knowledge).

Students are challenged to solve real world problems with AI.  Hasn't that been the promise of Big Tech all along?  For decades, TechGods dangled their power to solve intractable social problems.  Instead they created more.

I'll offer a few possible uses for AI given the patterns displayed by the current occupant of the White House.


Fees, fees, Trumps and fees...

Don Jr. landed a new Advisory Board seat at Polymarket after his 1789 Capital took an equity stake in the giant betting pool, also not knowledge.

Eric Trump, aka "Bitcoin Maxi," is headed to Japan for the MetaPlanet Strategic Advisory Board meeting.  

Let's hope tycoon does not meet typhoon.  That goes for Daddy too given his decimation of FEMA and many Gulf Coast states sending National Guard troops to D.C.

Katrina sunk W.  Deepwater Horizon explosion covered Obama in oil.  What gulf awaits Trump as he creates more and more of them?  His biggest may be the Gulf of Knowledge.

Trump oriented AI will automate ignorance and pathology.  Who better to oversee that than the Mrs.?

Update:  The children should know:


Adults would also be wise to consider Mr. Bruno's words and heed them.

Saturday, August 23, 2025

ALT5 Sigma: Latest Trump Crypto Boondoggle


World Liberty Financial's token will publicly trade come September 1 and it already has a big buyer, ALT5 Sigma Corporation.  Strangely, World Liberty's CEO Zach Witkoff is the new Chairman of ALT5.

ALT5's history is that of zig zag.  It went from appliance recycling to biopharma to fintech.


New over 5% investors in ALT5 include Ken Griffin's Citadel, Jane Street, Steve Cohen's Point 72, Exodus Point Capital Management and Clover Crest Bahamas Ltd.

Eric Trump landed yet another board seat in the move.

DT Marks DEFI LLC, an entity affiliated with Donald J. Trump and certain of his family members, owns approximately 40% of the equity interests in WLF Holdco LLC, which holds the only membership interest in World Liberty Financial, Inc
Yet another giant leap for the Trump family wallet, one more PEU worthy conflicted transaction. 

Friday, August 22, 2025

State of the PEUnion - August 2025


Our PEUnion has never been in finer shape.  The masses are adding private equity and private credit to their 401(k)'s.  Private equity underwriters (PEU) are able to lever commitments from continuation funds to return cash to investors.  The public remains unaware of the decades long catering to the greed and leverage boys by our leaders in Washington, D.C.  Politicians Red and Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.

Why should the alignment of politics and PEUs matter?  What would happen if people became aware of this back stage behavior?  

Knowledge is prediction.  It requires theory and testing of that theory.  It is explanatory.  It is not a market, although markets can be studied. It is not probability, although that too can be modeled and sold.

Artificial intelligence is inference and utilizes the vast information and garbage that has been digitized.  Shifting through the internet garbage is a massive job and AI queries often correspond with "garbage in-garbage out."

Politics is garbage.  It distorts data for electioneering purposes.  It operates government for political advantage in the "never ending campaign" cycle, which renews every millisecond.  It changes the meaning of words such that they have no meaning.

Our current President operates the Red Team's political garbage truck, filling the back as he drives.  In goes Trump's gross errors in perception, as well as his wasteful, expensive and theatrical interventions that do nothing to address the roots of the miniscule reality portion of his misidentified issues.   Trump is able to extend his neck as he drives and vomit into the rear receptacle his patented "venal preemptive haymakers" aimed at his perceived political enemies, most of whom are just doing their jobs.  Many of those haymakers are sins Trump himself has committed. even charged with actual criminal behavior.

The checks on this significant personality disorder are virtually nonexistent.  Congress is morally and ethically absent without leave, endorsing "his malevolence" at every turn.  The Supreme Court generally approves Trump's venality on an interim basis while turtle walking major Constitutional issues.

The public can only hope that Trump's molestation of American democracy requires him to exert so much effort to achieve his $200 billion profit-gasm that he collapses in exhaustion.  Rest assured, like his first term in office, Trump will spend and spend and spend public money for his personal issues and private gain.  

Trump's cruel actions show he has a bad heart.  Blood circulation in his lower legs is constricted.  He is about 5% of his way to his $200 billion net worth goal for 2028.  That's a lot of pumping for a 79 year old man.  I hope his vessels and vassals can take it.

Wednesday, August 20, 2025

Fresh Trump PEU News


Two weeks ago PEU Report noted Dominairi's advisory board is solely comprised of Trump Organization executives.

Two days ago the Wall Street Journal noted Dominari's rise under Trump II.  Dominari issued a press release on the coverage.


Two days ago TechGod and Trump supporter Chamath Palihapitiya filed an S-1 for the IPO of his latest SPAC, the American Exceptionalism Acquisition Corp.

America is so exceptional that Chamath had to incorporate his SPAC in the Cayman Islands.  I knew there was a lot of competition for our 51st state (Canada, Greenland, Israel) but I did not realize the Cayman's were in the mix.

Chamath is so exceptional that he deserves a 30% promote fee if the investment vehicle hits certain benchmarks.  The normal promote fee is 20%.  The S-1 had the following language:
"We believe that retail investors should only participate if (a) this investment is a small part of an otherwise diversified portfolio, (b) this investment is a quantum of capital they can afford to completely lose and (c) if they do lose their entire capital, they will embody the adage from President Trump that there can be 'no crying in the casino.'" 
Trump is not actually not known for saying that, though it was what Argentina President Javier Milei said when a cryptocurrency promoted on his social-media handle plunged in value.
Nice transition there Chamath, shifting a Milei (baby Trump) statement to Big Daddy himself.  I'm sure investors are inspired by comparing an IPO to a casino.

Palihpitiya writes an annual letter on his Social Capital website,  His latest from two months ago includes:

Our industry is one of Darwinism. Either you’ll continually rise to meet the moment or you’ll disappear.

Both Dominari and Chamath are banking on Trump II, the digital Caligula, for their "continual rise to meet the moment."  They hang their investment hats on a mercurial, petulant, highly conflicted U.S. President whose life has been spent taking a cut.  Fees are the juice and Trump needs more every day.

Rest assured Trump II will leave office with far more than a luxury plane.  His final destination is yet to be determined.  Tossing the Lazaruses from the White House gates is not helping his case.

Politicians Red and Blue love PEU (private equity underwrites) and their new TechGod brethren.  Increasingly, more are one.  They need to control government from the inside as "it is never enough."