Trump Media & Technology Group
Coverage of Trump Media & Technology Group in the Nexus archive.
- Conservatives make the case for right-wing ads at Cannes Lions
The Daily Wire and LSKR are hosting events at Cannes Lions International Festival of Creativity to challenge the ad industry's perceived groupthink and highlight missing political perspectives. Trump Media & Technology Group and Piers Morgan are also present at the event, signaling a right-leaning presence in an industry typically avoiding overt politics.
- Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million
Trump Media has transferred 2,650 Bitcoin worth $205 million to Crypto.com, signaling a potential sale as the company faces $455 million in unrealized losses on its cryptocurrency holdings. The move comes after the company withdrew its applications for spot Bitcoin and Bitcoin-Ethereum ETFs, and as Trump Media reports a $405.9 million net loss in Q1 2026 on minimal revenue.
- Trump Media Moves Over $200 Million in Bitcoin as Losses Pile Up: Arkham
Trump Media & Technology Group has moved over $200 million in Bitcoin, according to data from Arkham. The company has accumulated significant losses on its cryptocurrency holdings, though it remains unclear whether it is actively selling the assets.
- Trump's Truth Social Pulls Bitcoin ETF Application From SEC Review
Trump Media & Technology Group has withdrawn its Form S-1 registrations for Bitcoin and Bitcoin-Ethereum ETFs from SEC review. The withdrawal indicates a change in plans for the company's cryptocurrency-related financial products. This move may impact the development of Bitcoin-based investment vehicles.
- Trump-backed Truth Social pulls bids for crypto ETFs
Trump-backed Truth Social has pulled bids for crypto ETFs, which were part of Trump Media & Technology Group's broader crypto strategy. The strategy included the launch of the Truth.fi financial platform. This move indicates a shift in the company's plans for cryptocurrency investments.
- Trump media company replaces ex-congressman Nunes as CEO after stock plunge that wiped out billions
Trump Media & Technology, the company behind Truth Social, has replaced former Congressman Devin Nunes as CEO with digital media executive Kevin McGurn following a 67% stock plunge that erased $6 billion in investor value. The company, formed as a free-speech alternative to major social media platforms, has struggled to gain traction despite Trump's active use and expanded into cryptocurrency and prediction markets under the Trump administration's regulatory support.