BEAMSTART Logo

HomeNews

Little-Known Company’s Trump Coin Bet Ignites Massive Stock Rally

Bitcoinist LogoBitcoinist1d ago

Little-Known Company’s Trump Coin Bet Ignites Massive Stock Rally - Bitcoinist

Quick Summary:

A small US logistics firm hit headlines after announcing plans to hold the TRUMP memecoin as part of its treasury.

Freight Technologies Inc.’s share price surged over 100% on Friday after reports of the announcement.

The firm also said it earned nearly 14% in yield in BTC and a profit of close to $6 billion year-to-date.

More Pictures

Little-Known Company’s Trump Coin Bet Ignites Massive Stock Rally - Bitcoinist (Picture 1)

or

Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 15:30:18 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28336177

View Article Analysis

About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Little-Known Company’s Trump Coin Bet Ignites Massive Stock Rally" has 361 words across 34 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Little-Known Company’s Trump Coin Bet Ignites Massive Stock Rally" was covered 1 days ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 8 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28336177
  • URL: https://saintseiya.beamstart.com/news/little-known-companys-trump-coin-17462871741147

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.