Trump Media discusses spinning off Truth Social to advance cryptocurrency business

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Trump Media & Technology Group announced in March 2026 that it is exploring spinning off its flagship social platform, Truth Social, into a separate publicly traded company to prioritize its crypto business. The plan involves discussions with fusion startup TAE Technologies and blank check company Texas Ventures Acquisition III; if the merger with TAE, valued at over $6 billion, is completed by December 2025, Truth Social could be spun off as a new publicly traded company, SpinCo, which would then merge with Texas Ventures III, with SpinCo shares distributed to Trump Media shareholders. In 2025, Trump Media launched the Truth Fi fintech brand to support its cryptocurrency products and services, while also establishing a Bitcoin treasury (over 11,500 BTC by the end of September). (Cointelegraph)

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