About DJT

Founded: 2021
Employees: 31
CEO: Kevin McGurn
WebsiteView website: tmtgcorp.com

Trump Media & Technology Group Corp. engages in social media and streaming services in the United States. It operates Truth Social, a social media platform for free expression; and Truth+, a streaming platform focusing on family-friendly live TV channels and on-demand content. The company also offers Truth.Fi, a financial service and FinTech brand that incorporates America First investment vehicles; and a digital asset strategy including a bitcoin treasury. Trump Media & Technology Group Corp. was founded in 2021 and is headquartered in Sarasota, Florida.

Recent DJT News & Updates

Live News • May 24

Trump Media Withdraws Bitcoin ETF Plans and Transfers $205 Million in Cryptocurrency After Heavy Losses

Trump Media & Technology Group withdrew its SEC filings for both a Bitcoin ETF and a combined Bitcoin-Ethereum ETF, citing a move toward a 40 Act structure and intense competition in crypto ETFs. The company reported a Q1 2026 net loss of about $405.9 million, largely tied to $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss. Trump Media transferred 2,650 Bitcoin, valued around $205 million, to Crypto.com, a move widely viewed as preparation for possible sales, while also undergoing leadership change with Devin Nunes resigning and Kevin McGurn becoming interim CEO and pursuing a merger with TAE Technologies. The core story here is a company with minimal reported sales of about $871,200 and a heavy tilt toward volatile crypto assets, now rethinking its product plans and asset mix while reshaping top leadership and corporate structure. Investors may want to monitor how Trump Media manages its remaining digital assets, how the TAE Technologies merger progresses, and how the company executes on Truth Social and Truth+ monetization, since these factors could influence future financial stability and any potential dilution or funding needs.

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About DJT

Recent DJT News & Updates

Trump Media & Technology Group (DJT) Stock Looks Fully Priced Despite Mixed Valuation Signals

Trump Media Drops Truth Social Spinoff to Pursue US$6b TAE Merger Completion by 2026

Trump Media Withdraws Bitcoin ETF Plans and Transfers $205 Million in Cryptocurrency After Heavy Losses

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