Trump Media Plans to Spin Off Truth Social to Accelerate Cryptocurrency Business Expansion
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Trump Media Plans to Spin Off Truth Social to Accelerate Cryptocurrency Business Expansion
According to Cointelegraph, Trump Media & Technology Group announced it is considering spinning off its social media platform Truth Social into a standalone publicly traded company to focus more intently on its cryptocurrency business. The company entered the crypto space in 2025 through the fintech brand Truth.Fi, establishing a Bitcoin reserve of 11,500 BTC and partnering with Crypto.com to file applications for multiple cryptocurrency ETFs. Additionally, Trump Media is in talks with fusion energy company TAE Technologies regarding a merger valued at over $6 billion to expand into the energy sector.
Navigating Web3 tides with focused insightsTechFlow News, March 2, according to a Cointelegraph report, 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 intently on its cryptocurrency business. The company entered the crypto space in 2025 through its fintech brand Truth.Fi, establishing a Bitcoin reserve of 11,500 BTC and partnering with Crypto.com to file applications for multiple cryptocurrency ETFs. Additionally, Trump Media is in talks with fusion energy company TAE Technologies regarding a merger valued at over $6 billion to expand into the energy sector.
