Trump Media & Technology Group Corp.(US:DJT) Zhi Tong Cai Jing·2026-01-05 06:54Group 1 - The Trump Media Technology Group (DJT.US) announced a merger with TAE Technologies, a private energy company focused on nuclear fusion, leading to a significant increase in short positions [1] - Following the merger announcement on December 18, DJT's short positions surged by 31%, reaching 15.8 million shares, with the all-stock deal valued at over $6 billion [1] - The merger agreement stipulates that existing shareholders of both companies will hold approximately 50% of the new entity on a fully diluted basis, with Trump Media providing up to $200 million in cash at signing and an additional $100 million after filing the S-4 [1] Group 2 - DJT recently entered into a digital asset distribution agreement with Crypto.com, which may influence short sellers and arbitrageurs as investors will need to recall borrowed shares to receive the distributed assets [2] - The partnership with Crypto.com involves distributing a new digital token to shareholders, which may be non-transferable and cannot be exchanged for cash [2]