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Home BlockchainTrump Media Weighs Truth Social Spinoff Following Bitcoin, Crypto ETF Moves
Blockchain

Trump Media Weighs Truth Social Spinoff Following Bitcoin, Crypto ETF Moves

by Decrypt
written by Decrypt 0 comments
Trump Media Weighs Truth Social Spinoff Following Bitcoin, Crypto ETF Moves

In brief

  • Trump Media and Technology Group (DJT) is considering spinning off its social media platform, Truth Social.
  • Shares of the new entity would be provided to DJT holders prior to the firm’s planned merger with TAE Technologies.
  • Details about the impact to the firm’s Bitcoin holdings or crypto initiatives remain unclear.

Trump Media and Technology Group (DJT) is considering spinning off Truth Social—its free speech-focused social media platform championed by President Donald Trump—into its own…

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