Deep Tide TechFlow News, March 2nd, reports that Trump Media & Technology Group announced it is considering spinning off its social media platform Truth Social into an independent publicly traded company to focus more on developing its cryptocurrency business. The company entered the crypto space in 2025 through its fintech brand Truth.Fi, establishing reserves of 11,500 Bitcoin, and partnered with Crypto.com to apply for multiple crypto ETFs. Additionally, Trump Media is in talks with nuclear fusion technology company TAE Technologies regarding a merger worth over $6 billion to expand its energy business.
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Trump's media plan to spin off Truth Social accelerates cryptocurrency business expansion
Deep Tide TechFlow News, March 2nd, reports that Trump Media & Technology Group announced it is considering spinning off its social media platform Truth Social into an independent publicly traded company to focus more on developing its cryptocurrency business. The company entered the crypto space in 2025 through its fintech brand Truth.Fi, establishing reserves of 11,500 Bitcoin, and partnered with Crypto.com to apply for multiple crypto ETFs. Additionally, Trump Media is in talks with nuclear fusion technology company TAE Technologies regarding a merger worth over $6 billion to expand its energy business.