News with the tag "TMTG"

Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on ...

Reports circulating on social media claim that Brazilian Supreme Court Justice Alexandre de Moraes has moved all his assets out of the United States. The allegations follow comments from the Department of Government Efficiency (DOGE) co-founder Elon Musk asking if Moraes, currently facing two lawsui...

Trump Media & Technology Group (TMTG), the parent company of Truth Social, reported a $400.9 million net loss for 2024, according to its annual filing released on Friday. That’s an exponential decline from the $58.2 million it lost in 2023. Revenue took a hit too, dropping 12% year over year to $3.6...

Trump Media & Technology Group (TMTG) is moving into crypto and ETFs with a new financial services division called Truth.Fi, the company announced on Jan. 29. Shares of DJT, TMTG’s publicly traded stock, jumped 9% in morning trading after the news. The company is putting $250 million into the ventur...