Trump Media & Technology Group said it is considering spinning off its flagship platform Truth Social into a standalone publicly traded company as it deepens its push into crypto and fintech.
The company disclosed discussions with TAE Technologies and Texas Ventures Acquisition III, under which Truth Social could be separated into a new entity, SpinCo, that would merge with Texas Ventures III following Trump Media’s previously announced $6 billion merger agreement with TAE.
Under the proposed structure, SpinCo shares would be distributed to Trump Media shareholders, potentially allowing the parent company to prioritise its expanding crypto and energy ambitions.
Trump Media accelerated its digital asset strategy in 2025 by launching its fintech brand Truth.Fi, building a bitcoin treasury of more than 11,500 BTC and filing for multiple crypto exchange-traded funds in partnership with Crypto.com.
The filings include proposed Bitcoin and Ether ETFs as well as a Cronos-based product tied to a CRO treasury established with Crypto.com and Yorkville Acquisition, positioning the company at the intersection of media, crypto and financial products, and following the announcement the Trump Media share price was unchanged at $N/A.
The potential restructuring comes as Trump Media reported a $712.3 million loss for 2025, largely driven by unrealised losses on crypto and related securities, despite closing the year with approximately $2.5 billion in assets compared with $776.8 million in cash and short-term investments in 2024.
Beyond crypto, the company is expanding into energy infrastructure through its planned tie-up with TAE Technologies, which develops nuclear fusion solutions aimed at meeting surging power demand from artificial intelligence data centres.
At the time of reporting, Bitcoin price was $66,312.78.