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Trump Media Group shifts toward cryptocurrency and financial services.
ChainCatcher news, former President Trump’s media technology group is shifting its business focus from social media to the cryptocurrency and financial services sector. Data shows that since Trump was re-elected in 2024, the company’s stock price has fallen over 60%, with shareholder wealth evaporating by approximately $6 billion. Recently, the company applied to launch a cryptocurrency blue-chip ETF and plans to establish a Bitcoin reserve.