Georgia Representative Marjorie Taylor Greene has remained mum on details surrounding her investment in Digital World Acquisition Corporation (DWAC), the blank check company that merged with Trump Media & Technology Group last month to take it public.
Marjorie Taylor Greene Remains Mum About Her Trump Media Stock
According to CNBC, Marjorie Taylor Greene and Indiana Representative Larry Bucshon each bought stock in the Digital World Acquisition Corporation in October 2021.
However, when CNBC and NBC News asked her about it, Green did not discuss what happened to her stock in Digital World, which, through a merger with Trump Media, started publicly trading under the ticker DJT on March 26.
The shareholders of DWAC approved the merger with Trump Media to take the media company public on March 22. Trump Media is the parent company of former President Donald Trump's social media platform, Truth Social.
To date, the DWAC or Trump Media stock has plummeted by over 50%. According to her official congressional financial disclosure filings, Greene purchased the DWAC shares just days after the merger announcement in October 2021, and they were worth between $15,000 and $50,000.
On the other hand, according to a financial disclosure, Bucshon bought his DWAC stock between $1,000 and $15,000 a few days after Greene made the purchase.
Public Disclosures of Marjorie Taylor Greene Shows She Has Yet to Sell Her Trump Media Stock
Marjorie Taylor Greene's spokesman, Nick Dyer, told CNBC that the Georgia lawmaker "holds no stocks at this time as reflected in her financial disclosure."
However, her public disclosures and documents archived from LegiStorm have not shown that she had already sold the DWAC stock since her original purchase.
When asked about her Trump Media stock on Wednesday, Greene only told NBC News that "this is a waste of time" and "I think you can read my reports and see what I own."
A spokesman for Bucshon told CNBC and NBC News that the Indiana lawmaker still owns the DWAC stock and "has taken no further action regarding his investment."
Chris Josephs, the co-founder of the stock trading app Autopilot, told CNBC that Greene could have lost up to $32,500 and Bucshon up to $8,900 if the two lawmakers were still investors in Digital World Acquisition Corporation now.
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