Trump Media & Technology Group is considering spinning off the Truth Social platform into an independent publicly traded company to boost its cryptocurrency ambitions. The company said it is in discussions with TAE Technologies and Texas Ventures Acquisition III (SPAC). This follows a merger deal valued at over $6 billion signed in December. Once completed, Truth Social could spin off as SpinCo, then merge with Texas Ventures III; the new shares would be distributed to existing shareholders.
Starting in 2025, Trump Media will expand into cryptocurrencies with the brand Truth.Fi, building a reserve of over 11,500 BTC and filing multiple ETF applications for Bitcoin, Ether, and Cronos (with staking). Meanwhile, the company is venturing into energy through TAE’s nuclear fusion technology. Despite reporting a loss of $712.3 million in 2025, the business holds assets worth $2.5 billion.