Freight Technologies Inc. announced. It is a cross -border transport company, it provides $ 20 million of stocks to buy Meme Trump currencies for a Microstrategy wardrobe.
The company’s justification for this step is almost nothing to do with Trump or Crypto. Instead, it focuses on the US and imminent Mexico tariffs, which can greatly affect the company’s operations.
Shipping techniques are investing in Trump
Since it came for the first time at the scene, the Mimi coin bearing the name Trump has caused a lot of controversy. A large part of the president’s net value is linked to encryption, and former experts and organizers worry about Trump’s capabilities of corruption.
Modern shipping techniques resolution To make a $ 20 million treasury to feed these concerns.
Specifically, the Shipping press statement sheds light on the reason for investing $ 20 million in Trump. It briefly discusses the company’s interest in AI and Web3 developments and discusses how to organize these purchases.
However, the press statement explains how Trump’s tariff will affect the final result of the company:
“In the heart [our] The task is to promote the productive and active trade between the United States and Mexico. Mexico is a merchandise trading partner in the United States. We believe that adding Trump’s official symbols [is] CEO Javier Siljas claimed that there is an effective way to call for fair, balanced and free trade in Mexico and the United States.
Shipping techniques are greatly involved in the border shipping with Mexico; Amnesty International experiences are interested in to improve This trade.
In short, the trade war with the southern neighbor of the United States can significantly harm the company’s ability to continue work. However, President Trump is already consent Many customs tariffs for specific companies.
To be clear, the shipping statement was not explicitly arising from Trump for such sculptures. However, reports claimed that many encryption companies have received direct or indirect legal benefits from donating to install it.
according to luckSome companies obtained this after low donations of up to $ 100,000. Does he attract 20 million dollars?
It is difficult to make concrete claims, but the shipping behavior around the Trump deal seems unusual. Almost all its reasons revolve around the purchase on trade relations between the United States and Mexico.
In short, the company’s press release describes Trump as “an excellent way to diversify our encryption treasury”, but this is the only unanimous justification.
However, if you try to ship the main seam, you may want to remove the Mexico tariff directly. Nothing indicates that he wants to excavate while the definitions remain.
In any case, the Trump purchase process may lead to reverse results for the shipping share price. The company first published this press statement on April 30, but it started Trading Through social encryption Medium On the afternoon of May 1.
With the spread of news in these circles, the stock of charging technologies decreased by more than 20 %.
Moving forward, it will be important to monitor this story. Companies began to create plans similar to Microstrategy of Assets like Solana. While charging techniques are the first to do it with Trump, it may not be the last.
Disintegration
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