Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Trump Media stock surges 25% on merger agree Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Trump Media stock surges 25% on merger agree

Trump Media stock surges 25% on merger agreement with nuclear fusion firm TAE Technologies

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Trump Media stock surges 25% on merger agreement with nuclear fusion firm TAE Technologies

Trump Media and Technology Group has more than 11,500 bitcoin on its balance sheet worth roughly $1 billion at current prices.

By Francisco Rodrigues|Edited by Stephen Alpher
Dec 18, 2025, 2:32 p.m.
(Jesse Hamilton/CoinDesk)

What to know:

  • Trump Media & Technology Group (DJT), the parent of Truth Social, has agreed to with TAE Technologies in an all-stock deal valued at over $6 billion.o a merger
  • The merger will transform Trump Media from a social media operator to a clean energy and financial assets company.
  • Trump Media has been expanding its crypto offerings, including partnering with Crypto.com, launching crypto-linked ETFs, and building a large crypto balance sheet with 11,542 BTC worth around $1.02 billion.

Trump Media & Technology Group (DJT), the parent of President Donald Trump’s Truth Social, has agreed to merge with nuclear fusion company TAE Technologies in an all-stock deal valued at more than $6 billion.

DJT shares are higher by 25% in early trading on Thursday, though still remaining sharply lower on a year-to-date basis.

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The deal will transform Trump Media from a social media operator into a clean energy and financial assets play, said the company in a press release.

It builds on a crypto strategy the firm has been rolling out, having partnered with crypto exchange Crypto.com earlier this year to launch a fintech unit called Truth.Fi, while also introducing crypto-linked exchanged traded funds tied to BTC, ETH, SOL, XRP, and the exchange's CRO token.

The company has also built a large crypto balance sheet. Trump Media holds 11,542 BTC worth around $1.02 billion, and invested $105 million in CRO back in September as part of its partnership with the exchange.

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