Trump Media & Technology Group Corp. - Common Stock (DJT)

SARASOTA, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- Devin Nunes, CEO and Chairman of the Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG"), issued the following statement today on the death of former Congressman Lincoln Diaz-Balart.

Trump Media & Technology Group (NASDAQDJT) compensated Donald Trump Jr. $813,000 in 2024, despite his attendance at only two board meetings, accounting for nearly 25% of the company’s total revenue. The payment coincided with Trump Jr. gaining control over more than half of the company’s shares, raising questions about the firm’s financial structure and governance.

SARASOTA, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Devin Nunes, CEO and Chairman of the Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG"), issued the following statement today after a U.S. federal judge ruled that TMTG and Rumble (NASDAQRUM) are under no obligation to comply with orders from a Brazilian Supreme Court Justice attempting to force Rumble to take down a U.S.-based user’s accounts.

Rumble Shut Down in Brazil for Rejecting Censorship Demands

Reincorporation to be Considered at TMTG Annual Meeting

Board Approves Exploration of Funding Options for Mergers, Acquisitions, Partnerships

Bernhardt to Replace Newly Confirmed FBI Director Kash Patel

Trump Media & Technology Group (NASDAQDJT), the owner of Truth Social, and video platform Rumble have filed a lawsuit against Brazilian Supreme Court Justice Alexandre de Moraes in a U.S. federal court in Tampa, Florida. The suit alleges that de Moraes violated First Amendment rights by ordering the suspension of U.S.-based accounts of Brazilian right-wing influencer Allan dos Santos, who resides in the United States. This legal action coincides with de Moraes receiving an indictment against former Brazilian President Jair Bolsonaro, accusing him of leading a plot to retain power after his 2022 election defeat. The plaintiffs seek a judgment declaring de Moraes’s orders unenforceable in the United States, arguing that such actions undermine constitutional protections of free speech.

Trump Media & Technology Group (NASDAQDJT), the owner of Truth Social, secured $450 million by selling shares to Yorkville Advisors, a New Jersey-based investment firm. The deal represents more than half of the company’s cash on hand, reinforcing its liquidity ahead of a potential public listing. TMTG’s reliance on this financing structure signals its strategic push to sustain operations and expand its digital media presence.

Brazil Supreme Court Justice’s Gag Orders Challenged

~ Ended 2024 with $777 Million in Cash & Short-Term Investments ~

Trump Media & Technology Group (NASDAQDJT), the parent company of Truth Social, is experiencing significant stock volatility. The company’s stock has seen substantial fluctuations, with a 52-week range between $11.75 and $79.38. Analysts attribute this instability to the company’s limited revenue streams and heavy reliance on former President Donald Trump’s personal brand. Recent reports indicate that DJT has a Smart Score of 1, suggesting an underperforming outlook based on various data sets.

TMTG Quickly Advancing Plans to Launch America First-Themed ETFs, SMAs

SARASOTA, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (Nasdaq: DJT) ("TMTG") CEO Devin Nunes today issued the following statement following President Donald J. Trump's appointment of Rumble General Counsel Michael Ellis to serve as Deputy Director of the Central Intelligence Agency:

Truth.Fi Brand to Incorporate Moov Payment Technology,Enabling Video Streaming Subscriptions

Trump Media & Technology Group (NASDAQDJT), known for its media ventures, is expanding into the financial services and FinTech sector with the launch of Truth.Fi. This platform will focus on cryptocurrency and customized exchange-traded funds (“ETFs”). It will offer separately managed accounts, ETFs and bitcoin investments. Charles Schwab will provide advisory services on investments and strategy. Trump Media plans to invest up to $250 million of its $750 million assets with Schwab.

TMTG Launches Truth.Fi Brand, Plans to Build Investment Vehicles

Trump Media & Technology Group (NASDAQDJT), known for its ownership of the Truth Social platform, is experiencing notable market activity. The company, which has been a focal point for investors due to its association with President Donald Trump, is navigating a volatile stock environment. Despite recent fluctuations, DJT remains a significant player in the media and technology sector.

Trump Media & Technology Group (NASDAQDJT) is the company behind the Truth Social social media network. As the inauguration of President-elect Donald Trump nears, DJT’s stock is experiencing notable volatility. The stock initially saw a strong upward movement earlier this week, but has since started to decline. This fluctuation is closely tied to the political climate surrounding the upcoming inauguration.

Trump Media & Technology Group (NASDAQDJT) is experiencing notable stock volatility due to political developments involving President-elect Donald Trump. The company’s stock is highly sensitive to Trump’s political statements, such as his recent comments on Greenland and the Panama Canal. These events have led to significant fluctuations in DJT’s share price.

Trump Media & Technology Group (NASDAQDJT), the parent company of Truth Social, is currently facing a decline in its stock value. This decline follows the announcement that President-elect Donald Trump has transferred his stake in the company to a trust.

In November, Trump Media & Technology Group (NASDAQDJT) shares experienced an 11% decline . Initially, the stock saw a brief surge following the election, reflecting a “buy the rumor/sell the news” phenomenon. However, the gains were short-lived as the stock traded negatively for most of the month. Trump Media, which owns Truth Social, generates minimal revenue and has become a symbol of the Trump campaign. Despite Trump’s election victory, investors remain uncertain about the stock’s future prospects.

Trump Media & Technology Group (NASDAQDJT) is making headlines with its CEO, Devin Nunes, congratulating board member Kash Patel on his nomination as FBI Director by President-elect Trump. Nunes commends Patel’s legal and investigative skills, emphasizing his commitment to the Constitution and his efforts to uncover alleged misconduct in the Intelligence Community. TMTG is recognized for its platforms like Truth Social and Truth+, which focus on free speech and family-friendly content.

SARASOTA, Fla., Nov. 30, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (Nasdaq: DJT) ("TMTG") CEO Devin Nunes today issued the following statement following President-elect Trump's announcement of his intent to nominate TMTG board member Kash Patel as Director of the FBI:

Trump Media & Technology Group (NASDAQDJT) CEO Devin Nunes expressed strong support for Linda McMahon’s nomination as Secretary of Education, emphasizing her significant contributions to TMTG’s growth and her diverse expertise. McMahon, a TMTG board member, has played a pivotal role in navigating capital markets, expanding Truth Social, and launching the Truth+ streaming service. Nunes praised her integrity and vast experience across business, education and government, highlighting her prior leadership as SBA Administrator.