The company that is closely tied to Eric Trump recently disclosed to the public that its Bitcoin holdings increased from more than 7,000 coins at the end of Q1 to 8,000 coins. At the same time, the company announced a 1-for-15 reverse stock split, combining every 15 shares of the existing stock into 1 share of the new stock. A reverse stock split can only raise the per-share trading price and does not change the company’s overall valuation; the total market value of investors’ holdings also will not change at the moment the reverse split is completed.

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