Silicon Investor - DWAC/DJT: Truth Social goes public

[Ron] Trump sued over Truth Social advance access sale cnbc.com

Ron — 8/12/2026 11:29:20 AM

[Jhana] Is it my imagination or has DJT become a proxy for peace or war with Iran? The s...

Jhana — 8/12/2026 10:08:03 AM

Is it my imagination or has DJT become a proxy for peace or war with Iran? The spikes seem to correspond to the news flow.

August 12, 2026 at 9:55 am EDT

“Iran has reorganized its military to be more aggressive abroad as talks on ending the war with the U.S. remain mired in stalemate, a sign that Tehran is preparing for a protracted era of regional conflict,” Bloomberg reports.

[Jhana] Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal ...

Jhana — 8/10/2026 12:49:32 PM

Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal

Trump Media (DJT) is unwinding parts of its crypto push, including scrapping plans to establish a publicly traded CRO token accumulation company, which it unveiled near the height of last year's digital asset treasury boom.

Trump Media, Crypto.com and special purpose acquisition company Yorkville Acquisition mutually terminated plans for Trump Media Group CRO Strategy, the firms said Friday, citing “prevailing market conditions, and shifting business and stakeholder priorities.”

The proposed venture would have created a publicly traded company focused on accumulating the native token of Cronos (CRO) and earning additional returns by staking those holdings. Trump Media itself bought $105 million of CRO in September 2025 as part of a broader partnership with Crypto.com that included plans to integrate token rewards into its products.

CRO fell as much as 5% following the news.

The companies are also walking away from a separate partnership under which Crypto.com would have serviced certain planned exchange-traded funds (ETFs), from Yorkville America. Trump Media is also scaling back plans to build Crypto.com-powered prediction markets directly into Truth Social, Axios reported earlier.

The pivot comes as the digital asset treasury market has become saturated, Interim CEO Kevin McGurn told Axios, forcing the company to turn its attention to media, data licensing and completing its proposed merger with fusion-energy firm TAE. McGurn said the company hopes to close the deal before the end of 2026.

The retreat also happens as the CLARITY Act has stalled in Washington amid debate over ethics and potential conflicts of interest tied to President Donald Trump and his family’s crypto ventures.

Trump Media added bitcoin (BTC) to its balance sheet, holding 9,542 BTC at the end of the second quarter, per company filings. However, it moved 2,628 BTC earlier this week, worth about $165 million, to addresses associated with Crypto.com.

[kidl] It's quite simple ... It's Wall Street paying a small price to stay in Trump's g...

kidl — 7/29/2026 12:14:42 PM

It's quite simple ... It's Wall Street paying a small price to stay in Trump's good graces.

[Jhana] Quite a prop job lately, however. I'm sure only the market makers really unders...

Jhana — 7/29/2026 9:23:07 AM

Quite a prop job lately, however. I'm sure only the market makers really understand why it trades like it does.

Nothing to do with fundies. Bitcoin hasn't recovered, etc.

[Jhana] Bad speech, stock swoons.... All the hedgies will want to be short by November ...

Jhana — 7/17/2026 10:41:33 AM

Bad speech, stock swoons....

All the hedgies will want to be short by November 1.

DJTTRUMP MEDIA & TECHNOLOGY GROUP COM

$8.915-0.715 (-7.42%)

[Jhana] "Bribe me so I can help you cheat" applies to most of Trump's transactional view...

Jhana — 7/17/2026 9:12:00 AM

"Bribe me so I can help you cheat" applies to most of Trump's transactional view of the world. It's the only time he actually pays off on promises to anyone.

[kidl] It has always been Trump's personal news service. I only makes sense to charge f...

kidl — 7/16/2026 8:06:57 PM

It has always been Trump's personal news service. I only makes sense to charge for it.

[Ron] Indeed: Donald Trump’s media company wants traders and investors to pay for “t...

Ron — 7/16/2026 7:40:31 PM

Indeed: Donald Trump’s media company wants traders and investors to pay for “the fastest” access to posts from Truth Social accounts like the president’s own, which often moves markets.

marketwatch.com

[ralfph] It is a site to buy donnie, purchase favours and launder money.

ralfph — 7/16/2026 3:49:03 PM

[kidl] I am just watching this for fun. Maybe one day we will find out what forces move...

kidl — 7/16/2026 2:54:47 PM

I am just watching this for fun. Maybe one day we will find out what forces move this stock.

One thing I am reasonably certain of ... If the midterms go against Trump, this gismo will be toast.

[Ron] lt's essentially a soapbox for him to communicate with his followers. Not much ...

Ron — 7/14/2026 12:28:01 PM

lt's essentially a soapbox for him to communicate with his followers. Not much else.

[Jhana] Maybe the $2.4 billion DJT market cap is just a proxy for how much money Trump h...

Jhana — 7/13/2026 5:08:22 PM

Maybe the $2.4 billion DJT market cap is just a proxy for how much money Trump has stuffed in his own pockets this time around, or an investment in his ability to steal billions more.

Certainly not remotely tied to anything else in this universe.

[Jhana] Marching down the long stairway into oblivion when it "merges" with some other e...

Jhana — 6/26/2026 8:08:53 AM

Marching down the long stairway into oblivion when it "merges" with some other entity and just vanishes from Trump's memory.

[ralfph] $7.13 - its a steal here, a no brainer, show your support for donnie's retireme...

ralfph — 6/25/2026 1:06:06 PM

$7.13 - its a steal here, a no brainer, show your support for donnie's retirement fund and back up the truck.

[ralfph] $7.60 yah baby a new low. doing a swirly here - I guess no nations are buying a...

ralfph — 6/24/2026 3:21:00 PM

$7.60 yah baby a new low. doing a swirly here - I guess no nations are buying a grift or a favour today.

[Jhana] It seems unlikely that people opposed to Trump otherwise would have "invested" i...

Jhana — 6/9/2026 4:19:40 PM

It seems unlikely that people opposed to Trump otherwise would have "invested" in his various offerings, so the folks who did got exactly what they paid for.

Trump is very consistent in that respect.

[kidl] Just one of many for investors immensely profitable Trump ventures. Under the T...

kidl — 6/9/2026 1:10:53 PM

Just one of many for investors immensely profitable Trump ventures.

Under the Trump crypto playbook, the family always wins. Investors don’t | Reuters

[Jhana] Down the staircase we go. They can squeeze it periodically, but that won't stop...

Jhana — 6/9/2026 12:55:33 PM

Down the staircase we go. They can squeeze it periodically, but that won't stop the inevitable result.

[JudgeRoyBean] Stock was at $26.96 that day and now under $8. Still has $7.90 to go to reach fu...

JudgeRoyBean — 5/24/2026 1:18:22 PM

Stock was at $26.96 that day and now under $8. Still has $7.90 to go to reach full value....about 0.04....

[Jhana] Next step down to the $7s rung; still a long way to fall.

Jhana — 5/20/2026 9:57:04 AM

[kidl] Revenue numbers are surprisingly low. I would have thought that his corporate fr...

kidl — 5/10/2026 9:29:22 AM

Revenue numbers are surprisingly low. I would have thought that his corporate friends would direct more ad money his way.

Revenue according to AI:

Trump Media & Technology Group (DJT), the company behind Truth Social, reports low quarterly revenues in the low single-digit millions. Recent data covers fiscal year 2025 quarters and Q1 2026. Figures are in thousands of USD from financial reports.

Recent QuartersDJT's Q4 2025 revenue was about $1.01 million, up slightly from $1.00 million year-over-year. Q1 2026 revenue came in at $0.87 million, a 6% increase from Q1 2025, driven by subscriptions but offset by ad declines.

Total 2025 revenue summed to $3.68-3.7 million.

TrendsRevenue has remained flat to slightly growing quarter-over-quarter in late 2025, but annual growth was modest at 1.76% for the TTM ending Dec 2025. Q1 2026 dipped below $1 million amid ongoing net losses. For full official filings, check DJT Investor Relations.

[Ron] Trump Media posts $405 million loss driven by crypto holdings msn.com

Ron — 5/9/2026 9:10:49 PM

[Jhana] Tanking back under 9 when the Naz is up 1.5%. Not a good sign, LOL. Market cap ...

Jhana — 5/8/2026 2:12:35 PM

Tanking back under 9 when the Naz is up 1.5%. Not a good sign, LOL.

Market cap still $2.5b for a demonstrably worthless stock.

[zax] [X] BREAKING: Devin Nunes is OUT as the CEO of the Truth Social Parent Company,...

zax — 4/23/2026 7:19:16 AM

[X]

BREAKING: Devin Nunes is OUT as the CEO of the Truth Social Parent Company, Trump Media.

The company brought in just $3.7 million in revenue last year, and LOST $712 million.

The Stock is down from $58 to $9.82.

Another Trump FAILURE! pic.twitter.com/2UcD1PW08Y
— Brian Krassenstein (@krassenstein) April 22, 2026

[/X]

[kidl] In this case it looks to me like crook screwed crook with some smaller Trumpists...

kidl — 4/14/2026 9:04:29 AM

In this case it looks to me like crook screwed crook with some smaller Trumpists "donating" to their favourite cause.

[Jhana] Someone invested with Trump and got screwed.... Yeah, that's a very old story. ...

Jhana — 4/14/2026 8:55:25 AM

Someone invested with Trump and got screwed....

Yeah, that's a very old story. But con men always find new suckers.

[kidl] Trump family's crypto company under fire from major investor

kidl — 4/14/2026 8:29:49 AM

[Jhana] It has now been 18 months since a buy and hold long has conceivably seen a profi...

Jhana — 4/13/2026 3:12:25 PM

It has now been 18 months since a buy and hold long has conceivably seen a profit in this stock.

Everyone who is surprised, raise your hands.

[Jhana] Wow, the $9's sure went by in a blur. Zoom and gone.

Jhana — 3/19/2026 12:15:53 PM

[Jhana] That $10 line is starting to look like a ceiling now....

Jhana — 3/17/2026 11:11:59 AM

[kidl] None of this nonsense works anymore. Looking forward to Trump's exit strategy.

kidl — 2/27/2026 3:42:29 PM

[Jhana] LOL the goofy stunts just don't stop.....

Jhana — 2/27/2026 9:19:29 AM

[Jhana] Oops.... TMTG executed this strategy by issuing 55.8 million new DJT shares, wh...

Jhana — 2/19/2026 6:28:54 PM

Oops....

TMTG executed this strategy by issuing 55.8 million new DJT shares, which diluted the value of existing stock, and issuing $1 billion in zero interest convertible notes.

This turned out to be a massive mistake. By December 2025, TMTG had purchased 11,542 Bitcoin at an average price of $108,000. The price of Bitcoin has since collapsed to about $67,000, generating an unrealized loss of about $472 million.

[Ron] How Trump Media Collapsed popular.info at this point its more of a megaphone t...

Ron — 2/19/2026 5:10:39 PM

How Trump Media Collapsed
popular.info

at this point its more of a megaphone than it is anything else...

[kidl] I went to AI (Perplexity) to find out who actually owns DJT. Pending how I ask ...

kidl — 2/17/2026 7:01:42 PM

I went to AI (Perplexity) to find out who actually owns DJT. Pending how I ask the question I get different answers all leading to more questions..

Who owns the majority of DJT?

Trump Media & Technology Group (DJT) owns the majority stake in DJT, the stock for Truth Social's parent company. Donald Trump, as the current president, holds beneficial ownership of about 53% of shares (roughly 114.75 million) through the Donald J. Trump Revocable Trust, where he is the sole beneficiary.

Ownership Breakdown

Public companies and retail investors control 84.94% overall, but no single non-insider entity exceeds Trump's position. Vanguard Group holds 4.09%, United Atlantic Ventures 3.42%, and BlackRock 1.71%; institutions total under 15%.

Key Details

Trump's shares were transferred to his revocable trust in late 2024 ahead of inauguration, maintaining his control without direct ownership.?
Insiders collectively hold around 41-53%, dwarfing institutional (e.g., 8-9%) and mutual fund/ETF stakes.?

What is Trump's cost of DJT shares?

Trump's DJT shares in Trump Media & Technology Group stem from his founding role, with no public disclosure of a specific per-share purchase "cost" as they weren't bought on the open market. He holds about 114.75 million shares (roughly 41% ownership, now in a revocable trust he solely benefits from), transferred in December 2024 when the stock traded around $35.41, valuing them at over $4 billion then.

Current Value

As of mid-February 2026, DJT trades near $10 per share, putting Trump's stake's market value at roughly $1.26 billion.

Ownership Details

Direct/indirect ownership: 114.75 million shares via Donald J. Trump Revocable Trust.?
Managed by Donald Trump Jr., with Trump as sole beneficiary.?
Recent insider activity shows executives selling at prices from $10–$17, but no Trump sales.?

[Jhana] I see it traded down to 9.90 late in the day despite a new ETF plan just last we...

Jhana — 2/17/2026 5:54:45 PM

I see it traded down to 9.90 late in the day despite a new ETF plan just last week. My bet is the open tomorrow won't look good.

[Ron] DJT dropped to 9.80 after hours-- I think 'earnings' were due sometime this week...

Ron — 2/17/2026 4:12:40 PM

DJT dropped to 9.80 after hours-- I think 'earnings' were due sometime this week, but I don't see any.

[Jhana] So what do they announce next when the 52-week low breaks? Moving under 10 will ...

Jhana — 2/17/2026 12:54:27 PM

So what do they announce next when the 52-week low breaks? Moving under 10 will be a pretty hefty psychological blow since the stock is really worth pennies or less.

[Jhana] I'd be surprised if this chart lasts more than a couple more weeks with tech and...

Jhana — 2/5/2026 5:48:42 PM

I'd be surprised if this chart lasts more than a couple more weeks with tech and Bitcoin selling off.

Should be under a buck by November absent a new scam.

[kidl] They’ll come up with something likely before the midterms. Obvious targets are ...

kidl — 2/5/2026 1:47:59 PM

They’ll come up with something likely before the midterms. Obvious targets are …

Free ride on Gaza real estate deal

Free ride on Greenland and Ukraine resource deals

[Jhana] The slump returns. What weird business line will they announce next?

Jhana — 2/5/2026 1:09:33 PM

[kidl] DJT Stock Surges 45% After Merger Announcement

kidl — 12/19/2025 1:29:53 PM

[Jhana] Officially in Stupid Land now. I'll bail out on this bizarre sideshow. By Robe...

Jhana — 12/19/2025 12:46:36 PM

Officially in Stupid Land now. I'll bail out on this bizarre sideshow.

By Robert Cyran

NEW YORK, Dec 18 (Reuters Breakingviews) - Donald Trump is wrapping up a wild year of M&A with his own personal bow. The U.S. president's social media venture, Trump Media & Technology DJT.O, unveiled plans on Thursday to merge with nuclear fusion wannabe TAE Technologies in a $6 billion deal. It's a fitting preview of the folly yet to come.

Trump Media runs Truth Social, where the commander-in-chief regularly expresses himself, and carried $1.6 billion of cryptocurrency on its balance sheet at the end of September. The company, in which a Trump revocable trust holds 52% of the vote, racked up more than $140 million of expenses over the first nine months of 2025 with less than $3 million in revenue. Its self-proclaimed competency is “large capital raises and complex regulatory processes.”

On that silly basis, TAE makes a suitable partner. It brings “27 years of fusion research,” and aims to generate power using the atom-combining technology in 2031. It's an ambitious target considering that NextEra Energy, one of the largest nuclear operators, said this summer that building new plants using proven fission technology would probably take a decade. Fusion's promise of unlimited clean power has been just over the horizon since a project under Argentine President Juan Peron in the 1950s.

Progress has been made, but any arrival date or commercial terms are complete guesses. Trump Media and TAE shared precious little financial detail and refused to take questions following an eight-minute phone call with investors. If fusion doesn’t pan out, maybe the cancer therapy TAE says it's developing will provide a Plan B.

[Jhana] Definitely roasted and toasted the shorts today. That was probably the main sho...

Jhana — 12/18/2025 3:41:35 PM

Definitely roasted and toasted the shorts today. That was probably the main short-term aim.

[kidl] Trump Media announces $6bn merger plan with fusion power company | Media | The G...

kidl — 12/18/2025 10:24:08 AM

Trump Media announces $6bn merger plan with fusion power company | Media | The Guardian

[kidl] Someone will surely put this deal under a microscope. I look forward to the repo...

kidl — 12/18/2025 10:15:46 AM

Someone will surely put this deal under a microscope. I look forward to the report.

[Jhana] Give them credit, merging with a private company that may have an actual busines...

Jhana — 12/18/2025 9:41:24 AM

Give them credit, merging with a private company that may have an actual business keeps the props under this scam a good while longer while promising an infinite number of future products to make everyone rich.

[Jhana] IOW, all of Trump Media's business ideas have failed, so now try a unicorn produ...

Jhana — 12/18/2025 7:53:36 AM

IOW, all of Trump Media's business ideas have failed, so now try a unicorn product?

ROFLMAO

"The deal intends to combine Trump Media & Technology’s “access to significant capital” and TAE’s “leading fusion technology” to supply power for the artificial-intelligence technology boom."

[Jhana] When a chart has no support left.......

Jhana — 11/17/2025 10:26:17 AM