Welcome to our dedicated page for Trump Media & Technology news (Ticker: DJT), a resource for investors and traders seeking the latest updates and insights on Trump Media & Technology stock.
Trump Media & Technology (DJT) operates at the intersection of digital communication and financial innovation, offering social media, streaming, and FinTech solutions. This news hub provides investors and stakeholders with essential updates on the company's strategic initiatives and market developments.
Access official press releases and analysis covering DJT's core operations including its free-expression social platform, high-speed streaming infrastructure, and emerging financial technology services. Our curated collection helps track progress in content delivery network enhancements, payment processing innovations, and regulatory developments.
Key updates include earnings reports, technology deployments, partnership announcements, and service expansions. Bookmark this page for real-time insights into DJT's unique position in the media-tech landscape and its commitment to uncensored digital ecosystems.
Trump Media and Technology Group (NASDAQ: DJT) reported its full-year 2024 results, ending with $776.8 million in cash and short-term investments, up from $2.6 million in 2023. The company recorded $3.6 million in net sales and $11.6 million in net interest income. Operating activities used $61 million in cash, with about half going to legal expenses.
TMTG expanded its ecosystem in 2024, enhancing Truth Social with new features like live TV and video ads, while approaching completion of beta testing for Truth+ streaming service. The company also launched Truth.Fi, a new financial services and FinTech brand, partnering with Charles Schwab for managed accounts and ETFs.
The company reported non-cash losses including $107.4 million in stock-based compensation and $225.9 million from changes in derivative liabilities. TMTG is exploring mergers and acquisitions across multiple industries as it evolves into a holding company.
Trump Media and Technology Group (DJT) has applied to register trademarks for new investment vehicles under the Truth.Fi brand. The company plans to launch customized ETFs and SMAs focused on Made in America, U.S. Energy Independence, and Bitcoin Plus themes.
The initiative is part of TMTG's financial services and FinTech strategy, which includes a $250 million investment to be custodied by Charles Schwab. The company has partnered with Yorkville Advisors, who will serve as the Registered Investment Advisor for these new financial vehicles, subject to necessary approvals.
The products aim to provide alternatives to 'woke funds' and address 'debanking problems' in the market, focusing on American energy, manufacturing, and other sectors aligned with America First principles.
Trump Media & Technology Group (Nasdaq: DJT) CEO Devin Nunes has issued a statement congratulating Michael Ellis on his appointment as Deputy Director of the Central Intelligence Agency. Ellis, who currently serves as General Counsel at Rumble, Truth Social's strategic partner, previously held the position of General Counsel for the House Intelligence Committee. Nunes praised Ellis's expertise in intelligence and national security legal matters, expressing confidence in his ability to work alongside Director Ratcliffe in reforming and depoliticizing the agency.
Trump Media and Technology Group (DJT) has announced a partnership with payment processor Moov to handle transactions for its Truth Social platform and Truth+ streaming service. The agreement will enable various payment methods including credit cards, ACH transfers, and debit cards.
The payment processing will be integrated under TMTG's new Truth.Fi brand, which encompasses financial services and FinTech solutions. The company's board has approved the creation of customized separately managed accounts (SMAs) and exchange-traded funds (ETFs) in 2025 under this brand.
TMTG plans to launch Truth+ subscription packages this year, offering family-friendly streaming channels and on-demand content through its proprietary streaming infrastructure. The Moov partnership aims to provide secure, uncancellable payment processing with faster settlements and enhanced reliability.
Trump Media and Technology Group (DJT) has announced the launch of Truth.Fi, expanding into financial services and FinTech. The company plans to invest up to $250 million of its over $700 million cash reserves through Charles Schwab, focusing on various investment vehicles including SMAs, ETFs, and cryptocurrencies.
The investment strategy will be developed in partnership with Charles Schwab, while Yorkville Advisors will serve as the Registered Investment Adviser. The investment vehicles will focus on American growth, manufacturing, energy companies, and investments strengthening the Patriot Economy.
Truth.Fi products and services are expected to launch in 2025, pending regulatory approvals and funding determinations. This expansion adds to TMTG's existing portfolio, which includes Truth Social platform and Truth+ streaming service.
Trump Media & Technology Group (Nasdaq: DJT) CEO Devin Nunes congratulates Kash Patel on his nomination as FBI Director by President-elect Trump. Nunes highlights Patel's credentials as a lawyer and investigator, emphasizing their past collaboration in exposing alleged misconduct within the Intelligence Community. Nunes expresses confidence in Patel's ability to address and rectify issues within the FBI, aiming to restore public trust in the institution.
Trump Media & Technology Group (DJT) CEO Devin Nunes has issued a statement congratulating board member Linda McMahon on her nomination as Secretary of Education in the upcoming Trump administration. Nunes praised McMahon's contributions to TMTG, highlighting her role in the company's capital markets navigation, Truth Social platform expansion, and the launch of Truth+ streaming service. He emphasized her experience in business, education, philanthropy, politics, and her previous role as Small Business Administration Administrator.
Trump Media & Technology Group (DJT) announces completion of its initial data center network deployment for Truth+, its TV streaming platform. All planned data centers are now fully operational, supporting the platform's custom-built content delivery network (CDN). With nearly $700 million in cash and no debt, the company is focusing on expanding content, releasing native apps for additional TV systems, and developing uncancellable advertising and payment systems. Truth+ is currently available on Web, Android, iOS, and various connected TV platforms, featuring video on demand, live TV rewind, network DVR, and Spanish language interface.
Trump Media and Technology Group (DJT) reported Q3 2024 financial results, ending with $672.9 million in cash/investments and no debt. The company reported an operating loss of $23.7 million and net loss of $19.2 million, including $12.1 million in legal fees and $3.9 million in R&D. Revenue was $1.0 million plus $4.7 million in interest income. The quarter saw significant expansion with the launch of Truth+ TV streaming platform, including proprietary content delivery network and apps for iOS, Android, and connected TVs. The company has approximately 650,000 shareholders, predominantly retail investors.
Trump Media & Technology Group (Nasdaq: DJT), operator of Truth Social, has launched an Android TV app for its Truth+ streaming platform. The app is now available in the Google Play Store for Android TVs, offering news, entertainment, faith-based content, weather, documentaries, and children's programming. Truth+ features both linear TV channels and Video on Demand (VOD).
The platform includes new features such as live TV rewind, catch-up TV, network DVR, and a Spanish language interface. Users can sign in using a QR code or passcode, with the option to create a Truth Social account during the process. TMTG plans to introduce Truth+ apps for Samsung, LG, Amazon Fire, and Roku in the future.
TMTG's streaming technology is powered by its custom-designed Content Delivery Network (CDN), aiming to make the service 'uncancellable by Big Tech'.
