[Trump Media & Technology Group Considers Spinning Off 'Truth Social'] BlockBeats News, February 27, Trump Media & Technology Group (DJT.O) is in discussions to spin off assets, including the social media platform 'Truth Social,' to establish a new publicly listed company. Previously, the company had completed a $6 billion merger plan with nuclear energy company TAE Technologies. The company stated that shares of the spun-off company will be distributed to registered shareholders of Trump Media & Technology Group before the TAE transaction is completed, after which the spun-off company will merge with the special purpose acquisition company 'Texas Ventures Acquisition III.' The purpose of the spin-off is to separate Trump Media & Technology Group's social media business from its investments in the commercial nuclear fusion sector, as the company seeks to leverage the massive energy demand driven by the artificial intelligence boom for its own growth. Both companies noted that negotiations are still ongoing, and no final agreement has been reached yet. (Jin10)