Trump Media surges 45% on $6B merger with Google-backed firm

Trump Media and Technology Group (Nasdaq: DJT), the media and technology company majorly-owned by U.S. President Donald Trump, announced a definitive merger agreement with a fusion power company called TAE Technologies on Dec. 18. Trump Media, the parent company of Truth Social, Truth+, and Truth.Fi, holds 11,542 Bitcoin (BTC), valued at more than $1 billion at the time of writing, on its balance sheet. Related: Trump's company is shockingly one of the top holders of Bitcoin This makes the company the 11 ...