Trump Media, the former president's company, has suffered a significant drop in its share price since his felony conviction on May 30 and a recent move to dilute existing shares. This move saw the company secure permission to create and sell over 14 million new shares, causing the stock to plummet. The company, which went public in March with revenue of $4.1 million and losses of $58.2 million, saw its share price peak at over $66 before the conviction. Following the verdict, shares dropped by nearly a third and now sit at just over $25. This strategic move to print more shares has angered existing investors, as it enables the organization to raise nearly $250 million. Trump Media plans to use this cash to expand its offerings, including TV streaming, platform enhancements, and potential mergers and acquisitions. The company's close ties to the former president's wealth, reportedly making up over half of his net worth, have fueled speculation regarding its true motives and operations.