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0.00203527815468122 0.00194029850746274 -0.00118724559023067 0.00271370420624158 0.00335820895522389 0.00407055630936231 -0.00339213025780183 -0.00814111261872451
Stock impact report

Trump Media surges 35% on $6B merger news [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
President Donald Trump announced a definitive merger agreement with a fusion power company called TAE Technologies on Dec. 18. Trump Media, the parent company of Truth Social, Truth+, and Truth.Fi, holds 11,542 Bitcoin (BTC), valued at more than $1 billion at the time of writing, on its balance sheet. Related: Trump's company is shockingly one of the top holders of Bitcoin This makes the company the 11th largest corporate Bitcoin treasury. By partnering with Crypto.com, the company also ventured into exchange-traded funds (ETFs) linked to cryptocurrencies, a Cronos (CRO)-focused crypto treasury , and a proposed prediction market. The latest all-stock transaction is valued at more than $6 billion and is expected to close in mid-2026. Following the closing of the deal, the combined company expects to site and commence construction of the first utility-scale fusion power plant in 2026. These power plants are expected to provide electricity to help the U.S. win the global AI Show less Read more
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