Trump Media & Technology Group will not proceed with potential spinoff of certain media assets

DJT0%

BlockBeats News, June 10th, Donald Trump's Media Technology Group (DJT.O) announced: The parties involved have decided not to proceed with the potential spin-off of TMTG's media assets (including Truth Social) at this time.

On February 27th, Donald Trump's Media Technology Group (DJT.O) was discussing spinning off its assets, including the social media platform Truth Social, to establish a new publicly traded company.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.