r/DJT_Uncensored

“This scheme is extraordinary, corrupt, and unconstitutional, and Plaintiffs bring this case to stop it,” the suit says. “There is no legitimate interest, let alone a significant one, in permitting President Trump to profit from selling government information.”

The suit was filed by The Intercept Media, a news organization, and by the Freedom of the Press Association, a non-profit group."

"In addition to Trump, the suit names as defendants the president’s executive assistant, Natalie Harp and White House Deputy Chief of Staff Dan Scavino, who are each known to post to Truth Social on behalf of the president; the Executive Office of the President; and the White House Office."

Hat tip to Equivalent-Fly6093 for the link

Some excerpts:

"I want to thank our shareholder base for their continued support and confidence in this company. Many of you have told us that you’d like to hear from us more often and in more depth. We hear you. Starting with this call, you should expect an evolving approach on how we communicate as a company. More regular updates, more context around our strategy, and more openness about where things stand. There’s a spirit behind today’s call, and we intend to keep it up."

"As of June 30th, we held approximately 9,477 Bitcoins, plus approximately 2,077 Bitcoins pledged to our BTC yield management program, along with roughly 14.4 million shares of IBIT. In July, we began transitioning IBIT holdings into the BTC yield management program using proceeds from a partial sale to acquire an additional 2,534 Bitcoins, consistent with our shift toward a more diversified third-party institutional approach to managing our digital asset treasury. "

"To that end, we’re strongly encouraged by the early progress we’ve made with our newest offering, the Truth API product. The product is designed to serve customers such as financial institutions, news and media organizations, and developers of AI and large language model applications. We’re also working through an expansion of the Truth API for retail trading. Since announcement, we’ve onboarded several customers. That said, we want to set expectations appropriately because we know there’s been a lot of outside speculation about what this platform is worth. Today, we’re in the early innings. To give you a sense of where things stand, we’ve signed more than 10 customer agreements to date, primarily high-frequency trading firms, at rates generally in the range of $60,000-$100,000 a month. We’re also in active conversations with hyperscalers, some of the largest news organizations, and developers of large language models.

"We are evaluating opportunities in the prediction market space for data licensing. We recognize a modest amount of revenue from these agreements today. We believe this can grow into a meaningful, durable contributor, but it is just one piece of a broader media technology strategy that also includes advertising, subscriptions, and our digital asset treasury. Looking ahead, we expect the next phase of the API to include broader third-party distribution. For example, news feeds, financial data terminals, and specialty publications, which we believe will bring more visibility to this business over time. Alongside this product, we have also launched an initiative to protect our proprietary data from unauthorized scraping and use. We view this as a straightforward extension of our fiduciary duty to shareholders, ensuring the value we have built is monetized appropriately, and we are pleased with our progress."

"Looking ahead, our priorities remain clear. One, we are working diligently with TAE to complete our merger, which, as I mentioned, we believe is the single most important driver of our long-term shareholder value. Two, we are managing our balance sheet, including our digital asset treasury with discipline. Three, we are focused on building a global diversified media and technology company that combines a highly engaged social platform, premium streaming content, enterprise technology solutions, and multiple recurring revenue opportunities. Four, you are going to see us show up differently as a public company. More frequent updates, more context, and more direct conversation with our shareholder base, because that is the right thing to do. The investments we have made this past year have strategically positioned us to enter our next phase of growth with a leaner cost structure, an expanding product portfolio, and a broader strategic foundation than any other point in our history."

"As of June 30th of 2026, we had over $400 million of cash and short-term investments that were fully liquid and unencumbered. An additional $1.2 billion of Bitcoin and related assets could be a source of funds for future liquidity needs. I’ll stop there."

"Yeah, we’re focused on growing our media business and our subscriber base for both Truth Social and Truth+. There’s a lot of opportunities that we can take advantage of, including standard acquisition marketing and growth marketing. We’ll employ everything that we have at our ready."

When U.S. President Donald Trump posts on Truth Social, the stock market reacts. But what if investors could pay for early access? Andrew Chang explains what Trump Media is selling with Truth API — a subscription service that gives users a head start on the president's posts — and examines whether it fits the definition of insider trading.

Crypto.com, Trump Media & Technology Group Corp. (NASDAQ, NYSE Texas: DJT) (“Trump Media”), Yorkville Acquisition Corp. (NASDAQ: MCGA) today jointly announced an update to mutually terminate their previously announced proposed business combination to establish Trump Media Group CRO Strategy, Inc., citing prevailing market conditions, and shifting business and stakeholder priorities.

Excerpts:

Truth Social's parent company, Trump Media and Technology Group, is pulling back from two Crypto.com deals as new leadership looks to focus the tech firm around its media arm and pending merger with fusion energy company TAE, interim CEO Kevin McGurn tells Axios.

Why it matters: The reset is a departure from previous leadership's strategy, which aggressively pursued crypto and financial services opportunities at the height of the crypto treasury boom in 2025.

• "We wanted to get focused," McGurn says, noting that the market for digital asset treasury companies had become saturated over the past year.

In a separate announcement, Trump Media and Crypto.com said they are scaling back plans to integrate prediction markets directly into Truth Social.

• Instead, the companies plan to pursue a marketing arrangement that would promote Crypto.com's prediction-market products to Truth Social users.
• The prediction-market business is already crowded with established companies, McGurn says, making the back-end infrastructure a less attractive use of Trump Media's resources today.
• He sees more opportunity for TMTG as a distribution and data partner than as an operator of the underlying markets.

The big picture: The moves are part of a broader effort to simplify the company's strategy under McGurn's leadership. He believes Truth Social's audience and data can be monetized efficiently without requiring the company to build every new financial product itself.

• The company's recently launched API business now has about 10 customers, up from about five previously, McGurn says.
• Its direct customers are primarily high-frequency trading firms that ingest data from platforms like Truth Social to inform algorithmic trading.
• He added that news and information organizations and indexes "are coming to us" and that the company is eyeing ways to broker other licensing deals with large language model developers and prediction-market platforms.

What to watch: McGurn says the company is hopeful it will close its proposed merger with TAE before the end of the year.

Disclosure: In 2023, TMTG sued 20 media organizations, including Axios, for defamation. Litigation is ongoing.

TMTG filed a copy of the article with the SEC:

https://www.sec.gov/Archives/edgar/data/1849635/000143774926026265/ex_1000166.htm

Excerpts:

"The product could prove a money spinner for TMTG. About 10 groups had signed deals so far — mostly high-frequency traders — at a rate of $60,000-$100,000 a month, McGurn says. He wants to add many more.

“Lots of groups will pay for it . . . hyperscalers, news organisations, large language models for AI training. We’ll look at prediction markets potentially for data licensing.”

The launch has helped boost shares by 15 per cent over the past month, an early win for McGurn, an executive who has also worked at Vevo, T-Mobile and Shazam."

"Truth Social does not disclose numbers, but McGurn says the company is “for the first time” actively marketing the platform. Similarweb, a digital market intelligence company, estimates that it had about 261,000 daily active users for its mobile app in July, down from more than 436,000 in the same month last year."

“The [Trump] brand deserves its own lasting media network. Our largest shareholder, the president, loves media. He’s the most engaged person in media,” says McGurn.

“He’s the one at the end of the phone. He watches everything. He reads everything. He posts constantly. He is fascinated by the media, and he understands it better than anyone. So to have a lasting media [group] with his brand makes sense.”

"Ideas being discussed include shows built around the Trump brand. “It’s not necessarily DJT Senior or DJT Junior, but we have a brand that we’ve licensed from the Trump Corporation to maximise its value in media and technology.”

Original content could then be sold and distributed to other platforms such as YouTube. “The biggest thing I can do for this business is bring more content into the service.”

He admits that the commercial side could be challenging, saying that the advertising industry is “not super supportive of conservative media”.

A potential spin-off of the media assets is not off the table, he says, but any decision on the shape of the business will come after the merger completes. For shareholders after the deal, TMTG will be a “hedge position across multiple inputs”, he says. “If you weighted them, fusion would be the largest bet being made. Followed by bitcoin. Our goal is to get them all equally weighted and then growing.”