Trump Media Executives Launch $179M “Blank-Check” Company For Crypto Acquisitions

Trump Media Executives Launch $179M “Blank-Check” Company For Crypto Acquisitions

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Trump Media & Technology Group (TMTG) is launching a new acquisition company for special purposes (SpAC) called Renatus Tactical Acquisition Corp I. have a program of collecting $ 179 million through an initial public offer (IPO). It is important to emphasize that the main purpose of establishing this cayman Island registed empty control company is to acquire cryptocurrency and blockchain companies.

According to the declaration of registration, Renatus Tactical will be led by Eric Swider as CEO, Devin Nunes as president of the Board of Directors and Alexander Cano as COO. All three managers have deep ties with TMTG.

“We are an” emerging growth company “and” smaller reporting company “pursuant to federal laws on federal securities and we will be subject to the reduction of the reporting requirements of public companies”, said the registration.

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Targeting for companies based on the United States with high potential in cryptocurrency

It is important to emphasize that the Secretus Tactical documents of 14 March 2025 reveal its intention of directing high -potential US -based companies in cryptocurrency, blockchain, data security and double use technologies.

While the company maintains the flexibility of pursuing acquisitions in various sectors globally, its main focus aligns with the position in favor of the administration of President Donald Trump.

TMTG, known to manage the social media of truth, will offer 17.5 million public shares. Everyone will be sold to $ 10. In the same way, the Spac will emit around 3.95 million Warrant through a private positioning to $ 1 each.

For Spac, the association with TMTG and the President of the United States Donald Trump should attract investors who may want to capitalize on his policies in favor of the crypt.

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Trump is about to clarify the bank crypt

The President of the United States is destined to issue an executive order that cancels the limits of Biden Crypt Banking.

Order is expected to face barriers such as “Operation Chakepoint 2.0”, probably allowing cryptocurrency companies to obtain main councils of the Federal Reserve. This will remove the way money and institutional money interact with Crypto.

The initiative follows Trump’s commitments in a top of the White House, where he made fun of a pro-Cripto agenda under his administration.

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Keyway keyway

  • Trump Media & Technology Group (TMTG) is launching a new empty control company called Renatus Tactical Acquisition Corp I.

  • The Spac is aimed at companies based in the United States in cryptocurrency, blockchain, data security and double use technologies.

  • For the Spac, the association with TMTG and the United States President Donald Trump should attract investors who may want to capitalize on his pro-Cripto policies.

The Post Trump Media Executives launched a “Blank-Check” company of $ 179 million for cryptocurrency acquisitions for the first time on 99 bitcoins.

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