Trump Media & Technology Group Corp.(DJT)

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Trump Media shares soar on news of deal with trading giant
New York Post· 2025-03-25 19:28
Group 1 - Shares in Trump Media and Technology Group increased by 5.7% following the announcement of a deal with Crypto.com to launch exchange-traded funds (ETFs) [1][5] - The ETFs will focus on "Made in America" products across various industries, including energy, and are expected to launch later this year pending regulatory approvals [1][4] - Prior to the announcement, Trump Media's shares had declined approximately 40% due to concerns over potential tariffs and disappointing earnings, reporting $3.6 million in revenue and a $400 million loss for 2024 [2] Group 2 - The partnership with Crypto.com will provide backend technology and cryptocurrencies for the ETFs, which will include Bitcoin, Cronos, and other cryptocurrencies [3] - The funds will be marketed under Trump Media's fintech brand, Truth.Fi, and will be available internationally, including in the US, Europe, and Asia [4][6] - Additionally, World Liberty Financial, a crypto project associated with Trump, announced the launch of a stablecoin called USD1, backed by US government treasuries and cash equivalents [6][7]
Trump Media Announces Intention to Partner with Crypto.com to Launch ETFs
Newsfilter· 2025-03-24 21:00
Core Viewpoint - Trump Media and Technology Group Corp. (TMTG) is set to launch a series of America-First investment funds in partnership with Crypto.com, focusing on digital assets and securities with a Made in America emphasis, expected to launch in 2025 [1][2][3] Group 1: Company Overview - TMTG operates the social media platform Truth Social, the streaming service Truth+, and the FinTech brand Truth.Fi, aiming to provide investment products that align with conservative values [1][5] - The company plans to invest up to $250 million in these new financial products, which will be custodied by Charles Schwab [4] Group 2: Partnership Details - The partnership with Crypto.com will leverage their technology and custody services to support the ETFs, which will include a basket of cryptocurrencies such as Bitcoin and Cronos [2][4] - The ETFs will be available internationally, including in the U.S., Europe, and Asia, through existing platforms and brokerages [3] Group 3: Market Positioning - TMTG's CEO emphasized the goal of creating investment options that support American companies and technological innovation, free from political influences [4] - Crypto.com, with over 140 million users, aims to enhance consumer options through these new ETFs, which will be accessible via their app [4][6]
Trump Media Announces Release of Truth+ Streaming on Roku
Globenewswire· 2025-03-19 12:30
Truth+ streaming app now available for Roku TV setsSARASOTA, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that it has successfully launched an app for Roku TVs to access the Truth+ streaming platform. Now available in the Roku Channel Store, Truth+ offers family-friendly TV programming for patriotic Amer ...
Voting Begins for Trump Media Annual Meeting
Globenewswire· 2025-03-18 11:30
TMTG Files Definitive Proxy StatementSARASOTA, Fla., March 18, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced that it filed its definitive proxy statement today with the U.S. Securities and Exchange Commission for the Company’s annual meeting scheduled for 9:00 a.m. Eastern time on April 30, 2025 and shareholders may begin onli ...
Truth Social Enhances Groups Feature
Globenewswire· 2025-03-14 12:30
New Update Overhauls Groups Layout, Improves Security SARASOTA, Fla., March 14, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG" or the “Company”), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, released an update to the Truth Social app today to enhance the “Groups” feature. The layout for Groups—which allows users to join together and share content related to specific themes, hobbies, or interests—has ...
Trump's Net Worth Slides $300 Million As Trump Media Shares Hit 5-Month Low
Forbes· 2025-03-10 21:18
ToplinePresident Donald Trump’s net worth fell nearly $300 million Monday, continuing a months-long slide as Trump Media & Technology Group shares tumbled over 11% and reached their lowest point since October.Trump's estimated net worth is $4.6 billion. (Photo by Chip Somodevilla/Getty Images)Getty Images Key FactsTrump’s net worth fell $296 million to $4.6 billion as of 5 p.m. EDT, marking a $2.4 billion decrease since mid-January, when the president’s net worth surged amid a Trump Media rally. Trump Medi ...
Trump Media falls more than 11% as broader sell-off intensifies
CNBC· 2025-03-10 19:02
In this articleDJTAnna Barclay | Getty ImagesShares of Trump Media dropped more than 10% in intraday trading Monday, accelerating the company's downward slide since President Donald Trump took office.The company behind Trump's preferred social media app Truth Social was trading below $20 per share around 3:00 p.m. ET — down about 50% from its closing price on Jan. 20, the day Trump was sworn in. Stock Chart IconStock chart iconTrump Media (DJT) Stock PriceMonday's sell-off put Trump Media on pace for its wo ...
Former Congressman George Holding Joins Trump Media Board
Globenewswire· 2025-03-07 21:05
Holding Fills Vacancy Left by Education Secretary Linda McMahon SARASOTA, Fla., March 07, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, has voted to appoint former Congressman George Holding to the TMTG Board of Directors. On the Board, Mr. Holding will replace Linda McMahon, who stepped down upon her appointment as Secretary o ...
Trump Media CEO Devin Nunes Pays Tribute to Lincoln Diaz-Balart
Newsfilter· 2025-03-03 20:19
Core Points - The statement from Devin Nunes, CEO and Chairman of Trump Media and Technology Group Corp. (TMTG), expresses condolences on the death of former Congressman Lincoln Diaz-Balart, highlighting his contributions as a freedom fighter and advocate for human dignity [1][2]. Company Overview - TMTG aims to combat Big Tech's censorship by providing platforms for free speech, including Truth Social, a social media platform, and Truth+, a TV streaming service focused on family-friendly content [2]. - TMTG is also launching Truth.Fi, a financial services and FinTech brand that will incorporate America First investment vehicles [2].
Trump Media CEO Devin Nunes Responds to Ruling on Brazil Attempts to Censor Rumble
Globenewswire· 2025-02-26 00:17
Core Viewpoint - The U.S. federal judge's ruling is a significant victory for free speech and online expression, affirming that foreign authorities cannot compel U.S. companies like TMTG and Rumble to censor content [2] Group 1: Legal Context - The ruling was in response to an emergency motion filed by TMTG and Rumble against Brazilian Supreme Court Justice Alexandre de Moraes, who had issued gag orders and threatened Rumble with fines and criminal charges [2] - The U.S. District Court for the Middle District of Florida stated that while the motion for a temporary restraining order was not yet ripe, TMTG and Rumble could re-file it and the court is prepared to take further action if necessary [2] Group 2: Company Overview - TMTG aims to combat Big Tech's censorship by providing platforms for free expression, including Truth Social, a social media platform, and Truth+, a TV streaming service [3] - The company is also launching Truth.Fi, a financial services and FinTech brand focused on America First investment vehicles [3]