Trump Media & Technology Group is considering spinning off its social media platform, TruthSocial, into an independent publicly traded entity to concentrate on its cryptocurrency initiatives. The company is in talks with TAE Technologies and Texas Ventures Acquisition III, which plans to take over TruthSocial. This move follows a merger agreement from December, valuing the transaction at over $6 billion. The strategy involves creating a new publicly traded company, SpinCo, which will merge with TexasVenturesIII, distributing SpinCo shares to current shareholders. Trump Media launched its fintech brand Truth.Fi in 2025 and holds a Bitcoin reserve of over 11,500 BTC.
Trump Media Plans TruthSocial Spin-Off to Focus on Crypto Ventures
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