Trump's media plan to spin off Truth Social accelerates cryptocurrency business expansion

robot
Abstract generation in progress

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.

BTC4.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)