PANews reported on May 28 that according to Businesswire, PublicSquare, a NYSE-listed company, announced that it intends to explore digital asset funding strategies, including allocating part of the company's funds to Bitcoin (BTC), income-generating stablecoins and other digital assets to achieve reserve diversification, improve capital efficiency and align with emerging financial technologies. PublicSquare also disclosed that it intends to use the net proceeds from the market issuance program (ATM) for general corporate purposes, which may include digital asset funding strategies, investments, mergers and acquisitions, and working capital.

Earlier news, people familiar with the matter revealed that Trump's eldest son Donald Trump Jr. will join the board of directors of Public Square's parent company PSQ Holdings.