TMTG Considers Spinning Off Truth Social into Standalone Company
Trump Media & Technology Group (TMTG) has announced plans to explore spinning off its social media platform, Truth Social, into a standalone company. This move would be part of a broader corporate restructuring aimed at improving investor valuation and strategic clarity.
The spin-off is expected to follow the closing of TMTG's merger with fusion energy firm TAE Technologies in mid-2026. Once finalized, Truth Social and its related media assets may be moved into a new entity called 'SpinCo,' which would then combine with Texas Ventures Acquisition III, a special purpose acquisition company.
TMTG currently holds significant financial assets, including over $3 billion in cash and 11,542 Bitcoin worth around $756 million. The company has also filed to register crypto exchange-traded funds under its Truth.Fi brand, signaling broader expansion beyond social media.