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Trump Media Group Shifts Focus to Crypto and Financial Services

2026-04-23 06:01

Odaily News: Trump Media & Technology Group is shifting its business focus from social media to the cryptocurrency and financial services sectors.

Data shows that since Trump was re-elected in November 2024, the company's stock price has fallen by over 60%, erasing approximately $6 billion in shareholder wealth. Recently, the company applied to launch a crypto blue-chip ETF and plans to establish a Bitcoin reserve. (Associated Press)