Trump Media's Shares Increased by 25% Due to Merger

Trump Media Merges with TAE Technologies

Trump Media & Technology Group (DJT), the parent company of Truth Social, has reached an agreement for a stock merger with TAE Technologies valued at over 6 billion dollars. This merger will shift Trump Media from being a social media operator to focusing on clean energy and financial assets.

Expansion in the Crypto Space

Trump Media is also increasing its activities in the cryptocurrency sector. A partnership with Crypto.com for the launch of crypto-linked ETFs and the establishment of a substantial crypto asset balance sheet valued at approximately 1.02 billion dollars with 11,542 Bitcoin are examples of this.