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
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
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
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 $
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
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
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
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
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
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.
