Trump Media & Technology Group (TMTG) is XEM a plan to spin off the social media platform Truth Social into a standalone company, prioritizing resources for its cryptocurrency-related business development strategy. This move is seen as part of a strategic restructuring plan, as TMTG increasingly expands its involvement in the digital asset sector.
Transaction structure and valuation exceeding $6 billion.
According to published information, TMTG is in discussions with fusion energy startup TAE Technologies and SPAC company Texas Ventures Acquisition III about a potential deal in which Texas Ventures III could acquire Truth Social.
The plan is based on a merger agreement reached last December, with a transaction valuation exceeding $6 billion. The proposed structure includes:
- The platform was spun off into a new publicly traded company called SpinCo.
- SpinCo later merged with Texas Ventures III.
- SpinCo shares are distributed to existing shareholders.
Strategic focus on digital assets
Alongside its restructuring plan, TMTG has significantly expanded its operations in the crypto sector. In 2025, the company launched its fintech brand Truth.Fi and announced its Bitcoin reserve strategy. According to published information, TMTG currently holds over 11,500 BTC on its balance sheet, demonstrating a long-term focus on digital assets as part of its business strategy.
