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Truth. Fi: Trump Media and Technology Group's New Financial Venture: A Closer Look

February 6, 2025

Truth. Fi is a new financial arm of Trump Media and Technology Group. The company has set aside around 35% of its cash reserves to start this new venture. This financial arm is significant because the company's main social platform, Truth Social, is struggling to attract users. With only 646, 000 d

politics

Unsuccessful Endeavors : A Timeline of Trump Media's Financial Moves

February 1, 2025

Trump-affiliated company recently transferred shares that could be worth a lot of money to several directors. These directors include people who were supposed to serve in Trump administration. Kash Patel and Linda McMahon are among those who received shares. These people had been nominate

crypto

Trump Media's New Crypto Venture Boosts Stocks

January 30, 2025

Shares in Trump Media & Technology Group skyrocketed by 7% on Wednesday after the company unveiled its latest venture: a new financial services division called Truth. Fi. Backed by a substantial $250 million, this division is set to explore investments in Bitcoin and other cryptocurrencies, as well

business

Trump's Social Media Firm Eyes Crypto Exchange Bakkt

November 22, 2024

President-elect Donald Trump's social media company is in late-stage talks to buy Bakkt, a cryptocurrency trading platform. This news, reported by the Financial Times, sent both companies' stocks soaring. Trump Media's stock jumped 16%, hitting $32, while Bakkt's stock skyrocketed 162%, trading at $

politics

Trump's Truth Social Faces Criticism and New Directions

November 20, 2024

Trump Media and Technology Group, the parent company of Truth Social, is pushing back against a recent Washington Post article. The article suggested that the company is struggling, even though Trump recently won the election. Most of TMTG's 650, 000 shareholders are small investors who believed in

business

Crypto Bakkt and Trump's Social Media Firm: A Potential Deal

November 20, 2024

Everyone's talking about Trump Media & Technology Group (TMTG) now that news has spread about their talk to buy Bakkt, a crypto trading platform previously led by Senator Kelly Loeffler, a staunch Trump supporter. The valuation keeps everyone guessing, but Bakkt's shares sure got a boost, rising ove

business

Donald Trump’s Media Company Eyes Bakkt in Surprise Crypto Move

November 19, 2024

Who would have thought that a former U. S. President would dive into the world of cryptocurrency? Well, Donald Trump's media company seems eager to take that leap. Reports suggest they are in serious talks to buy Bakkt, a big player in the crypto trading scene. This potential deal sent both companie

business

Exploring TMTG's Plan to Buy Bakkt: A Dive into Crypto and Politics

November 19, 2024

Trump Media and Technology Group (TMTG), known for its Truth Social platform, is taking a big step into the world of cryptocurrency. The company, led by the president-elect, is in serious talks to buy Bakkt, a crypto exchange owned by Intercontinental Exchange. This move comes after TMTG built its o

business

Wild Market Swings: A Look at Stock Futures and Election Impact

November 7, 2024

Before the sun even rose on Wednesday, U. S. stock futures were painting a dramatic picture. The Dow Jones Industrial Average futures jumped by over a thousand points, or 3. 2%, while the S&P 500 and Nasdaq futures weren't far behind, rising by 2. 3% and 1. 7%, respectively. What triggered this sudd

politics

Trump's Social Media Stock Surges on Election Day

November 6, 2024

As the nation cast their votes on Election Day, shares of Trump Media & Technology Group, the company behind social media platform Truth Social, saw a significant boost. On Tuesday, the stock price jumped by 15%, starting the day at $37. 52 and touching a high of $40. 74 before settling around $39.