Washington CNN —
Truth Social owner Trump Media & Technology Group announced Wednesday it plans to expand into financial services and potentially buy bitcoin and other cryptocurrencies.
Shares of Trump Media (DJT) climbed 8% on the news.
Trump Media said it plans to launch a fintech brand called Truth.Fi and to introduce investment vehicles that will focus on American growth, manufacturing, energy and the “Patriot Economy.” The push into fintech was telegraphed by a trademark application filed in November.
The moves by Trump Media, a company built on President Donald Trump’s brand, are
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