On March 2, it was reported that Trump Media & Technology Group is in talks to spin off its Truth Social platform into an independent publicly traded company. The new entity, SpinCo, plans to merge with special purpose acquisition company Texas Ventures Acquisition III, with shares to be distributed to existing shareholders. The company stated that negotiations are ongoing and no final agreement has been reached.
This spin-off follows Trump Media’s merger agreement with TAE Technologies in December last year, which was valued at over $6 billion and aims to develop utility-scale fusion power plants to supply electricity for AI data centers. The separation will allow the media and energy businesses to focus on their respective development paths.
Financial data shows that Trump Media is projected to incur a net loss of $712.3 million in 2025, up from $400.9 million in 2024. The increased loss is mainly due to unrealized losses on cryptocurrency holdings, including Bitcoin and Cronos, while net sales remained relatively flat at $3.68 million. Despite this, by the end of 2025, the company’s financial assets are estimated to be around $2.5 billion, more than three times the amount at the end of 2024.
In the cryptocurrency sector, Trump Media holds over 11,500 Bitcoin through its fintech brand Truth.Fi and has applied for multiple crypto ETFs, including Bitcoin, Ethereum, and Cronos funds with staking features. The Cronos ETF is closely linked with Trump Media and Yorkville Acquisition. Several ETF applications have been submitted to U.S. regulators but have not yet been approved.
Regarding energy, TAE Technologies has raised over $1 billion to develop advanced fusion technology aimed at reducing radioactive waste. After merging with Trump Media, a fusion energy-focused publicly traded company will be created, offering investors a new option beyond media.
Analysts note that despite slow user growth on Truth Social and competition from major social networks, the company’s total assets have increased significantly year-over-year, mainly driven by appreciation in crypto assets and related securities. Investors should monitor the progress of the spin-off and potential ETF approvals to assess future market opportunities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Kazakhstan Announces Investment of up to $350 Million in Crypto Reserve
The Central Bank of Kazakhstan recently announced that it would set up an investment portfolio of up to $350 million to invest in cryptocurrency companies and other instruments providing exposure to digital assets, using gold, and part of its foreign reserves to this end.
Kazakhstan To Invest Up t
Coinpedia6m ago
International oil prices surged over 35% in a single week, with WTI surpassing $91, reaching the highest weekly increase since 1983
On March 7th, due to the escalation of the US-Iran war, international oil prices surged significantly. WTI crude oil futures rose by 12.67% to $91.27, marking the highest weekly increase since 1983; Brent crude oil futures increased by 9.26% to $93.32, setting a record since 1990. This increase surpassed all historical records.
GateNews7m ago
Ethereum spot ETF experienced a net outflow of $82,851,900 yesterday, with all nine ETFs showing no net inflow.
On March 6th, Ethereum spot ETFs experienced a total net outflow of $82.8519 million, with all nine ETFs showing no net inflow. Fidelity FETH outflowed $67.5669 million, with a historical outflow reaching $218 million. Grayscale ETH Mini Trust outflowed $5.9979 million, with a total net asset value of $11.283 billion.
GateNews1h ago
Bitcoin spot ETF experienced a total net outflow of $349 million yesterday, with none of the twelve ETFs showing net inflow.
On March 6th, Bitcoin spot ETFs experienced a total net outflow of $349 million, with Fidelity ETF FBTC net outflows of $159 million and BlackRock ETF IBIT net outflows of $143 million. The current total net asset value of Bitcoin spot ETFs is $87.075 billion.
GateNews1h ago
Oil prices hit over two-year highs, with analysts warning that the risk of Gulf oil production stoppages could impact the global economy
On March 7th, Qatar's Energy Minister warned that oil production in the Gulf region could cease, causing oil prices to soar to a two-year high. Analysts warn that if the situation persists for more than two weeks, it could have a significant impact on the global economy, with oil prices potentially exceeding $100 per barrel. The market expects transportation disruptions to be resolved quickly, but the increased risk of conflict and rising energy costs could slow economic growth.
GateNews2h ago
BlackRock's $26 billion private credit fund restricts withdrawals! Experts warn: Cryptocurrency and DeFi ecosystems may be impacted
BlackRock's private credit fund has restricted withdrawals due to increased redemption demands, raising concerns that this could trigger broader financial market stress and potentially impact crypto assets and decentralized finance (DeFi). Several asset management firms' stock prices have declined, and experts warn that if market pressure continues, it could lead to a deleveraging effect impacting other asset classes, including the banking system and tokenized assets.
動區BlockTempo2h ago
