Trump Media explores Truth Social spin-off following merger plans

Trump Media & Technology Group (TMTG), the operator of Truth Social, announced it is evaluating a plan to spin off the social media platform into a standalone, publicly traded entity called “SpinCo.” This move is part of a corporate restructuring contingent upon the closing of TMTG's pending all-stock merger with fusion energy firm TAE Technologies, which is projected for mid-2026. Following the merger's finalization, Truth Social and its media assets would move to SpinCo, and shares would be distributed to existing TMTG shareholders. SpinCo would subsequently combine with a special purpose acquisition company, Texas Ventures Acquisition III. TMTG stated this restructuring aims to create "pure play companies" to enhance investor valuation and strategic clarity. TMTG also maintains a strong financial position, holding over $3 billion in assets and approximately $756 million in Bitcoin as of late 2025, and is expanding into crypto with planned exchange-traded funds under its Truth.Fi brand.

(Source：Crypto Briefing)