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Trump Media & Technology Group will not pursue the potential spinoff of certain media assets.
BlockBeats news, June 10 — Trump Media & Technology Group (DJT.O) announced: relevant parties have decided not to proceed at this time with a potential spinoff of certain TMTG media assets, including Truth Social.
On February 27, Trump Media & Technology Group (DJT.O) was discussing spinning off its assets, including the social media platform “Truth Social,” to establish a new publicly listed company.