Rep. Marjorie Taylor Greene bought up to $50,000 worth of shares in Trump SPAC
CBSN
Rep. Marjorie Taylor Green is one investor who appears to have faith in the newly formed company backing former President Donald Trump's social media venture.
A congressional disclosure form shows the Georgia lawmaker last week bought between $15,001 and $50,000 worth of shares in Digital World Acquisition Corp. The disclosure was first noted by Congresstrading.com, which tracks stock purchases made by members of the House and Senate.
Digital World, a special purpose acquisition company, or SPAC, merged with the former president's company, Trump Media & Technology Group, earlier this month. After going public, Digital World's stock price surged as much as 1,200%. The shares traded at about $70 a on Thursday, valuing the company at $2.6 billion.
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