DJT
Trump Media & Technology Group Corp.·Communication Services
8.28
4.151%(+0.33)
Close PriceLast Updated: — ET
52W L: $7.8652W H: $23.93
Trump Media & Technology Group Corp.·Communication Services
Eric Swider clarifies his April 2026 departure from the Trump Media board and reaffirms he left on good terms. Veteran SPAC and governance leader now dedicating his full attention to Rubidex and its next phase of strategic growth and capital-markets preparation.
The effort to launch Truth Social-branded cryptocurrency exchange-traded funds has come to an abrupt stop after Yorkville America Digital, LLC, which was the sponsor of the ETFs application, wrote to the US Securities and Exchange Commission (SEC) requesting the withdrawal of the application. Yorkville America Digital indicated that the decision was linked to a broader restructuring of its ETF plans and a shift toward a different regulatory framework.
Trump Media & Technology is set to merge with a fusion power company, as the broader fusion sector is seeing new regulations and receiving boosts from the White House.
President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously praised the stock on Truth Social. Trump sold as much as $5 million worth of Palantir on Feb. 10.
Trump Media & Technology reported Q1 revenues of $871K, up just 6% year-over-year, with losses ballooning to $405.8 million. DJT's expenses far outpace revenues, and the company remains deeply unprofitable even excluding non-cash items. Despite $1.87 billion in cash and investments, liquidity is constrained by locked-up assets and rising debt; positive cash flow in Q1 was driven by delayed payables.
Trump Media & Technology Group Corp. has seen severe strategic and executional missteps under former CEO Devin Nunes, with minimal revenue and an enterprise value near $1.3 billion. DJT's operating business is essentially nonexistent, with Q1 advertising revenue down 25% year-over-year to $617,000 and negligible growth across all segments. Leadership change brings cautious optimism, but the board and interim CEO McGurn lack clear public company and capital allocation expertise.
