• 34ºc, Sunny

Trump Media Technology Group Announces Full Year 2024 Results: Balance Sheet Includes $776.80 million in Cash and Short-Term Investments

Trump Media Technology Group (TMTG) announced full-year results for 2024. The balance sheet ended December 31, 2024 included $776.80 million in cash and short-term investments. It attracted approximately 650,000 shareholders, the majority of whom were retail investors, as of October 15, 2024. TMTG also announced the launch of a financial services and fintech strategy, including the launch of Truth.Fi brands covering financial services and fintech, and the application of trademarks such as Truth.Fi Bitcoin Plus ETF, Truth.Fi Bitcoin Plus SMA, which is expected to open up new revenue generation avenues in 2025.