Trump Media Sells 2,000 Bitcoin Amid $6 Billion Merger with TAE Technologies

2025-12-24 18:34

Trump Media and Technology Group has sold 2,000 Bitcoin, valued at approximately $174.76 million, reducing its holdings to below 10,000 coins. This sale follows a recent purchase of 451 Bitcoin, which had temporarily increased its total to 11,542. The company did not disclose the reason for the sale. In a significant corporate development, Trump Media announced a $6 billion merger with TAE Technologies, a company specializing in nuclear fusion. This merger indicates a strategic shift towards energy and technology sectors. Additionally, Trump Media is seeking approval for a Truth Social-branded cryptocurrency ETF, highlighting its continued interest in the crypto market.

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