Related Story

    Trump Media Launches Truth.Fi, Investing $250M in Bitcoin and Crypto via Charles Schwab

    Trump Media Launches Truth.Fi, Investing $250M in Bitcoin and Crypto via Charles Schwab

    96 postsStocksFintechMarketsBusinessTechCrypto

    Trump Media and Technology Group (TMTG), the operator of the Truth Social platform, has announced its expansion into the financial services sector with the launch of a new fintech brand called Truth.Fi. The company plans to diversify its cash reserves, which exceed $700 million, by investing up to $250 million in a variety of assets. These investments will be custodied by Charles Schwab and allocated to separately managed accounts (SMAs), customized exchange-traded funds (ETFs), and cryptocurrencies including Bitcoin. The move aims to create investment vehicles focused on American patriots, protecting them from issues such as cancellation, censorship, debanking, and privacy violations committed by Big Tech and woke corporations. TMTG's stock, listed as $DJT, surged over 15% in pre-market trading following the announcement.

    Proposed Market

    Truth.Fi Bitcoin investment reaches $100 million by end of 2025?

    Truth.Fi Bitcoin investment reaches $100 million by end of 2025?

    3
    Big TechBitcoinAmericanTMTGCharles SchwabTruth Social

    Description

    Financial disclosures or press releases from Trump Media and Technology Group

    Market Options

    Yes50%
    No50%