Reported 2 days ago
Trump Media & Technology Group, the company behind Truth Social, announced plans to pursue mergers and acquisitions as part of its strategy to diversify into areas like financial services. CEO Devin Nunes emphasized the company's focus on acquiring high-quality assets, as they aim to evolve into a larger holding company. With $759 million in cash and investments and a narrowing net loss, Trump Media is well-positioned to pursue its expansion plans.
Source: YAHOO