Pro-Trump Network Newsmax Secured a Ton of Cash From Qatar—For a Price

Still, Trump was very likely trying to curry Yass’s favor. A person close to Trump’s campaign anonymously told The New York Times they expected Yass to make a large donation to a group backing Trump’s current presidential bid. Yass, for his part, said he had never donated to Trump and did not intend to do so.

Yass may have already saved Trump another way, though. Susquehanna owns about 2 percent of the group Digital World Acquisition Corporation, according to a December regulatory filing, the Times reported Monday. DWAC merged Friday with Trump Media & Technology Group, pulling it back from the brink of running out of cash.

It’s unclear if Susquehanna still owns those shares because Susquehanna, like other major investors, only discloses its holdings periodically. But if it still holds a stake in DWAC, then Yass’s company is one of Trump Media’s bigger shareholders. Susquehanna would hold about 605,000 shares, worth about $22 million.