律动BlockBeats
律动BlockBeats|3月 02, 2026 02:39
[Trump Media & Technology Group: Considering Spinning Off Social Platform Truth for Public Listing to Prioritize Cryptocurrency Business Development] BlockBeats News, March 2 – Trump Media & Technology Group announced that it is considering spinning off its flagship social media platform, Truth Social, into a publicly listed company, a move that could prioritize its ambitions in the cryptocurrency sector. The company stated on Friday that it is in discussions with fusion energy startup TAE Technologies and Texas Ventures Acquisition III regarding potential transactions, with the latter set to take control of the Truth social media platform. These discussions build upon the merger agreement reached last December between Trump Media and TAE Technologies, a deal valued at over $6 billion. Upon completion of the merger, Truth Social could be spun off into a newly listed company named SpinCo, which would then merge with Texas Ventures III. Shares of SpinCo would also be distributed to Trump Media's shareholders. Trump Media & Technology Group entered the cryptocurrency space in 2025, establishing the fintech brand Truth.Fi to support its cryptocurrency products and services. Additionally, in late September, the company set up a Bitcoin vault holding over 11,500 BTC.
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