Trump Media Considers Spinning Out Truth Social

Trump Media & Technology Group is exploring spinning off its social media platform, Truth Social, into a publicly traded company. This potential deal involves discussions with energy fusion startup TAE Technologies and blank check company Texas Ventures Acquisition III. If the existing merger agreement between Trump Media and TAE Technologies closes, Truth Social could become a new public entity named SpinCo, which would then merge with Texas Ventures III, with SpinCo shares distributed to Trump Media shareholders.

This move aligns with Trump Media's recent expansion into cryptocurrency, including establishing the fintech brand Truth.Fi, holding a Bitcoin treasury of over 11,500 BTC, and filing for several Truth Social-branded crypto ETFs in partnership with Crypto.com. The company is also expanding into the energy sector through its TAE Technologies merger, aiming to address AI data center power demands.

Financially, Trump Media reported a loss of $712.3 million in 2025, primarily due to unrealized losses from declining crypto prices, though its total assets reached approximately $2.5 billion by year-end.

(Source：Cointelegraph)