Latest news with #Truth+
Yahoo
8 hours ago
- Business
- Yahoo
Trump Media Now Boasts $2 Billion of Bitcoin. How Should You Play DJT Stock Here?
Trump Media & Technology Group (DJT) shares surged more than 3% on Monday after the company revealed that it has accumulated $2 billion in Bitcoin (BTCUSD) and Bitcoin-related securities, representing two-thirds of its total $3 billion in liquid assets. The cryptocurrency strategy marks a pivot for the Truth Social parent company, which has allocated an additional $300 million to an options acquisition strategy for Bitcoin-related securities. Management statements indicate that DJT plans to continue accumulating Bitcoin and may convert options to spot Bitcoin based on market conditions. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Warren Buffett Has $347.7 Billion in Cash Because Growing an 'Empire' Just to Grow Makes 'the Citizenry Poorer' Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. 'We're rigorously implementing our publicly announced strategy and fulfilling our Bitcoin treasury plan,' CEO Devin Nunes announced, citing financial freedom and protection against institutional discrimination as key motivations. DJT also teased plans for a utility token across the Truth Social ecosystem. DJT now functions as a Bitcoin proxy play, similar to MicroStrategy (MSTR) but with added social media exposure. The massive crypto allocation creates volatility tied to Bitcoin's price movements, offering both substantial upside potential and downside risk. Bulls should consider DJT's first-mover advantage in combining social media with a crypto treasury strategy, especially given company namesake President Donald Trump's pro-crypto stance. However, bears must weigh the risk of concentration in having two-thirds of their assets in volatile digital currencies. With Bitcoin recently hitting new highs and Trump's political influence benefiting crypto adoption, with the president recently signing the Genius Act into law, DJT could attract momentum traders. Conservative investors should carefully consider position sizing, given the inherent volatility of both cryptocurrency and meme stock dynamics. Trump Media Expands Its Product Portfolio Earlier this month, Trump Media & Technology announced the successful global launch of its Truth+ streaming platform, marking an expansion beyond its core Truth Social social media business. The platform is now available worldwide across iOS, Android, web, and connected TV devices, including Apple TV (AAPL), Android TV, Amazon Fire (AMZN), and Roku (ROKU), with LG and Samsung apps pending approval. The flagship addition is Newsmax's (NMAX) international channel availability, supporting the network's global expansion efforts. Nunes emphasized DJT's mission to 'challenge the woke news monolith with hard-hitting, non-woke reporting and commentary,' positioning Truth+ as an alternative to mainstream streaming services. Simultaneously, Trump Media filed trademarks for 'Truth Social AI' and 'Truth Social AI Search,' signaling plans to integrate artificial intelligence directly into the Truth Social platform. Nunes described AI integration as 'a big push forward' to develop Truth Social as a 'one-stop-shop for reliable information, non-woke news, and entertainment.' Most notably, DJT filed an initial SEC registration statement for the Truth Social Bitcoin and Ethereum ETF, which would hold 75% Bitcoin and 25% Ether (ETHUSD). will serve as the exclusive custodian and execution agent, with shares planned for listing on the NYSE Arca Exchange upon regulatory approval. These developments represent Trump Media's ambitious diversification strategy, expanding from social media into streaming, AI, and cryptocurrency ETFs. Investors should note that despite the recent business updates, analysts tracked by Barchart do not provide ratings or price targets on DJT stock. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Time of India
09-07-2025
- Entertainment
- Time of India
Donald Trump launches streaming platform Truth+ with Newsmax channel to promote ‘non-woke' content
In a bold effort to reshape the global media landscape, US President Donald Trump has officially launched Truth+, a worldwide television streaming platform under the umbrella of Trump Media & Technology Group. Marketed as a new home for conservative and 'non-woke' content, Truth+ aims to offer a curated mix of live TV channels and on-demand programming that aligns with traditional, family-friendly values. The platform's launch marks a significant expansion of Trump's ongoing efforts to create a full-fledged alternative to mainstream media, building on the foundation of his social media platform Truth Social. With Newsmax, a right-leaning news outlet known for its favorable coverage of Trump, as a flagship channel, Truth+ is now available globally on iOS, Android, Apple TV, Roku, Amazon Fire TV, and other connected devices. Donald Trump's global platform Truth+ for 'America First' content and commentary According to Trump Media, Truth+ is designed to offer viewers an alternative to what they describe as the 'woke news monolith.' The platform promises to deliver news, commentary, and entertainment programming rooted in conservative principles, while also emphasizing 'America First' ideologies. With a focus on family-safe content, the streaming service is curated to appeal not just to political audiences but also to households seeking traditional values in their viewing options. Trump Media CEO Devin Nunes emphasized this mission, stating that there's a growing global demand for 'fresh perspectives on the great issues of our day' and that Truth+ intends to challenge the dominant media voices that many conservatives feel are increasingly biased or exclusionary. The platform provides access to live-streamed channels and a growing library of on-demand content, and it is being positioned as a digital hub for conservative voices around the world. From political talk shows and documentaries to cultural programming and news, Truth+ hopes to establish itself as the go-to source for those seeking content that reflects their worldview. The app's interface and distribution network have been built for broad accessibility, with support for major streaming devices and plans for further expansion on smart TVs like LG and Samsung as soon as final approvals are granted. Newsmax collaboration and expansion of Trump's conservative media empire At the heart of Truth+'s launch is its high-profile collaboration with Newsmax, which has quickly risen as a prominent voice in conservative broadcasting. Having gone public in March 2025, Newsmax is now positioned to expand its audience beyond the United States, using Truth+ as a springboard for international reach. CEO Chris Ruddy praised the move, calling the partnership with Trump Media a 'natural' evolution of conservative media and a timely response to global demand for alternative viewpoints. With Newsmax serving as a flagship content provider, Truth+ gains immediate credibility among Trump's supporters and conservative audiences. But this is just one part of a broader strategy. Trump Media is also developing a forthcoming fintech and financial services platform that aims to promote conservative investment strategies rooted in the 'America First' agenda. Together with Truth Social and Truth+, these initiatives form what appears to be a parallel conservative media and technology ecosystem, offering users aligned platforms for news, finance, and communication. Trump's renewed push into the media comes at a time when he remains a towering figure in American politics, post-2024 election, with Truth+ serving as a potential tool for amplifying his political messaging globally. As the platform continues its phased international rollout, with beta testing underway since late June, Trump Media plans to refine user experience based on feedback and further expand the platform's capabilities. With Truth+, Trump not only deepens his influence over right-leaning discourse but also signals his ambition to shape global narratives through conservative, 'non-woke' media alternatives—a goal that could have far-reaching effects on both politics and journalism in the years ahead. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Straits Times
07-07-2025
- Business
- Straits Times
Trump Media launches TV streaming platform Truth+ with Newsmax channel globally
Sign up now: Get ST's newsletters delivered to your inbox US President Donald Trump waves to reporters on the South Lawn of the White House on July 6. NEW YORK - Trump Media & Technology Group launched its TV streaming platform, Truth+, globally on July 7, featuring the cable channel Newsmax to support the company's expansion. The move also allows conservative news outlet Newsmax, which went public in March, to increase its presence outside the United States. Trump Media said users can now access streaming channels and on-demand video through Truth+ apps on iOS, Android, web, and connected TV platforms, including Apple TV, Android TV, Amazon Fire TV, and Roku. The company, which operates the social media platform Truth Social, began beta testing the global rollout of Truth+ in late June. Trump Media said it would continue to beta test the streaming technology and collect user feedback as the rollout progresses. Shares of Trump Media & Technology Group rose about 0.6 per cent at US$19.06 (S$24), while Newsmax shares fell 2.6 per cent to US$14.65 in morning trading. REUTERS
Hindustan Times
07-07-2025
- Business
- Hindustan Times
Trump Media launches global streaming platform Truth+ with Newsmax channel
Trump Media and Technology Group on Monday launched a TV streaming platform, Truth+, globally with the Newsmax channel to support the company's expansion. US President Donald Trump owns majority of Trump Media & Technology Group, which also operates Truth Social. (Reuters) Trump Media users can now access streaming channels and on-demand video through the Truth apps on iOS, Android, web, and connected TV platforms, including Apple TV, Android TV, Amazon Fire TV, and Roku. The launch of Truth+ TV streaming platform also allows conservative news channel Newsmax to increase its presence outside the United States. Truth Media, which also operations 'Truth Social', is largely owned by US President Donald Trump. "We're gratified by the fast introduction of Truth+ to international markets and look forward to completing the rollout across all devices and operating systems. I'd like to thank Newsmax in particular for partnering with Trump Media for this expansion, which will bring the network's unique programming to major new markets. There is clearly a need globally for fresh perspectives on the great issues of our day, and we're laying the groundwork to challenge the woke news monolith with hard-hitting, non-woke reporting and commentary," said Trump Media's CEO and Chairman Devin Nunes. The Truth+ apps can be downloaded from the relevant app stores around the world. The company had begun beta testing the global rollout of the Truth TV streaming platform in late June and said it would continue to do so, collecting user feedback as the rollout progresses. Along with operating Truth Social, Truth+ TV streaming platform, Truth Media is also launching a financial services and FinTech brand incorporating the President's "America First" investment vehicles. Shares of Trump Media and Technology Group rose about 0.6 per cent at $19.06, while Newsmax shares tumbled 2.6 per cent to $14.65 in morning trading.
The Star
07-07-2025
- Business
- The Star
Trump Media launches TV streaming platform with Newsmax channel globally
FILE PHOTO: A banner for Newsmax Inc. is displayed during the company's IPO at the New York Stock Exchange (NYSE) in New York City, U.S., March 31, 2025. REUTERS/Brendan McDermid/File Photo (Reuters) -Trump Media & Technology Group launched its TV streaming platform, Truth+, globally on Monday, featuring the cable channel Newsmax to support the company's expansion. The move also allows conservative news outlet Newsmax, which went public in March, to increase its presence outside the United States. Trump Media said users can now access streaming channels and on-demand video through Truth+ apps on iOS, Android, web, and connected TV platforms, including Apple TV, Android TV, Amazon Fire TV, and Roku. The company, which operates the social media platform Truth Social, began beta testing the global rollout of Truth+ in late June. Trump Media said it would continue to beta test the streaming technology and collect user feedback as the rollout progresses. Shares of Trump Media & Technology Group rose about 0.6% at $19.06, while Newsmax shares fell 2.6% to $14.65 in morning trading. (Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)
