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Trump Media & Technology Group Corp.(DJT) - 2025 Q1 - Quarterly Results
2025-05-09 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 9, 2025 Trump Media & Technolog ...
Trump Media Reports First Quarter 2025 Results
GlobeNewswire News Room· 2025-05-09 21:00
~ Ended First Quarter with $759.0 Million in Cash/Investments ~ ~ Operations Consumed Just $9.7 million of Cash Despite $10.9 Million in Primarily Legacy Legal Fees ~ ~ Diversified into FinTech and Financial Services with Launch of Truth.Fi ~ ~ Preparing to Launch Truth+ Subscription Service ~ ~ Eyeing Further Expansion through Mergers/Acquisitions ~ SARASOTA, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of ...
Trump posts AI image of himself as pope on Truth Social
Sky News· 2025-05-03 12:21
Core Points - Donald Trump posted an AI-generated image of himself in papal attire shortly after the death of Pope Francis, which has drawn significant criticism but also garnered over 100,000 likes across social media platforms [1][5][6] Group 1: Social Media Reaction - The image was shared on Trump's Truth Social account and subsequently on White House X and Instagram, receiving over 58,000 likes on Instagram and over 78,000 likes on X [5][6] - User comments on social media were predominantly negative, with many describing the image as "disgusting," "disturbing," and "offensive" [5][6] Group 2: Context of the Post - The post came just days after Trump jokingly expressed a desire to be the next pope during a press interaction [3][7] - The conclave to select a new pope is scheduled to begin on May 7, following Pope Francis's death due to a stroke and heart failure at the age of 88 [7] Group 3: Trump's Religious Background - Trump's religious views have been a topic of speculation; he was raised as a Presbyterian but later identified as a non-denominational Christian [10][11] - Despite questions regarding the depth of his faith, Trump has successfully appealed to conservative Christians and evangelicals, which has played a role in his electoral success [11]
Trump Media Reincorporates in Florida Following Annual Meeting
Globenewswire· 2025-05-01 12:30
SARASOTA, Fla., May 01, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media” or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, reincorporated from the State of Delaware to the State of Florida effective April 30 after Trump Media shareholders approved a proposal to do so in the Company’s annual meeting yesterday. Trump Media CEO and Chairman Devin Nunes said, “We’re thrille ...
Trump Media Publishes Letter to Shareholders
Globenewswire· 2025-04-29 21:00
Company Overview - Trump Media and Technology Group Corp. (TMTG) operates the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi [1][3] - The mission of TMTG is to combat perceived censorship by Big Tech and to provide a platform for free expression [3] Annual Meeting Information - TMTG has published a letter to shareholders ahead of its annual meeting scheduled for April 30, 2025 [1] - Shareholders can find details on how to vote and participate in the annual meeting at proxydocs.com/djt [2] Product Offerings - Truth Social is designed as a safe harbor for free expression amid increasing censorship [3] - Truth+ focuses on family-friendly live TV channels and on-demand content [3] - Truth.Fi is a new financial services and FinTech brand that incorporates America First investment vehicles [3]
市场消息:特朗普媒体科技集团(DJT.O)、Crypto.com和Yorkville America Digital敲定ETF发行协议。
news flash· 2025-04-22 12:14
市场消息:特朗普媒体科技集团(DJT.O)、Crypto.com和Yorkville America Digital敲定ETF发行协议。 ...
Trump Media, Crypto.com, and Yorkville America Digital Finalize Agreement for ETF Launch
Newsfilter· 2025-04-22 12:00
Core Viewpoint - Trump Media and Technology Group Corp. (TMTG) has signed a binding agreement with Crypto.com and Yorkville America Digital to launch a series of exchange-traded funds (ETFs) under the Truth.Fi brand, marking a significant step in diversifying into financial services and digital assets [1][4]. Group 1: Partnership and Product Launch - The agreement follows a non-binding agreement signed in March, with Davis Polk & Wardwell LLP advising on the development and launch of the products [2]. - The ETFs will include digital assets and securities with a focus on American-made products across various industries, subject to regulatory approval, and are expected to launch later this year [3]. Group 2: Strategic Goals and Financial Commitment - TMTG aims to invest up to $250 million in the ETFs and Separately Managed Accounts (SMAs) using its own cash reserves, as part of its financial services and FinTech strategy [4]. - The partnership is expected to provide global distribution for the Trump Media ETFs, leveraging Crypto.com's platform [4]. Group 3: Company Background - TMTG operates Truth Social, a social media platform aimed at promoting free speech, and Truth+, a streaming platform focused on family-friendly content, alongside the new Truth.Fi financial services brand [5]. - Crypto.com, founded in 2016, has over 140 million customers and is recognized for its regulatory compliance and security in the cryptocurrency space [6]. - Yorkville America Digital specializes in branded investment products centered around digital assets and American businesses, catering to specific client needs [7].
Why Trump Media Stock Is Jumping Today
The Motley Fool· 2025-04-17 19:52
Core Viewpoint - Trump Media's stock has experienced significant gains following the company's request for the SEC to investigate alleged stock manipulation, despite still being down 34% overall [1][2]. Group 1: Stock Performance - Trump Media's stock price increased by 11.3% as of 3:30 p.m. ET, having peaked at 15.3% earlier in the day [1]. - The stock remains down 34% in the context of a 10% decline in the S&P 500 index [1]. Group 2: Allegations and Investigations - Trump Media reported suspicious trading activity and has contacted the SEC regarding a $105 million short position taken by U.K. hedge fund Qube Research & Technologies [2]. - Qube claimed to have shorted approximately six million shares, but Trump Media noted that Nasdaq data indicated only a slight increase in shorted shares from about 10.7 million to 11 million during that period [3]. Group 3: Future Outlook - The company suggested that the history of suspicious trading and lack of documentation for Qube's short position could indicate illegal naked short-selling, potentially serving as a catalyst for meme-stock activity [4]. - There remains uncertainty regarding Trump Media's fundamental business outlook, as its core social platform has been slow to scale, and the effectiveness of its expansion into financial products and services as sales drivers is still uncertain [5].