Trump Media Group Pivots to Crypto and Financial Services Amid Stock Decline

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Gate News message, April 23 — Trump Media & Technology Group is shifting its business focus from social media to cryptocurrency and financial services. Since Trump's 2024 re-election, the company's stock has declined over 60%, wiping out approximately $6 billion in shareholder value.

The company has recently filed to launch a crypto blue-chip ETF and plans to establish a Bitcoin reserve. These moves mark a significant strategic pivot as the media platform seeks new revenue streams in the digital asset sector.

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