Trump Media & Technology Group (TMTG), the operator of the Truth Social platform, has announced a crucial record date related to its planned digital rewards token distribution. The company has set February 2, 2024, as the decisive date for determining shareholder eligibility.
According to the announcement, only individuals documented as shareholders of record by the close of business on February 2 will be eligible to participate in the upcoming rewards token program. This move is generally seen as a strategy to incentivize long-term holding and loyalty among TMTG’s shareholder base following its recent public debut.
While specific details regarding the mechanics, timing, and intended functionality of the digital token are pending further disclosure, setting the record date is a major procedural milestone. Investors who wish to qualify for the token distribution must ensure their TMTG (DJT) holdings are finalized and recorded by the specified cutoff date.
Source: Trump Media sets Feb. 2 record date for upcoming rewards token
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