Trump Media stock surges 25% on merger agreement with nuclear fusion firm TAE Technologies

• Trump Media & Technology Group (DJT), the parent of Truth Social, has agreed to with TAE Technologies in an all-stock deal valued at over $6 billion.o a merger
• The merger will transform Trump Media from a social media operator to a clean energy and financial assets company.
• Trump Media has been expanding its crypto offerings, including partnering with Crypto.com, launching crypto-linked ETFs, and building a large crypto balance sheet with 11,542 BTC worth around $1.02 billion.

Trump Media & Technology Group (DJT), the parent of President Donald Trump’s Truth Social, has agreed to merge with nuclear fusion company TAE Technologies in an all-stock deal valued at more than $6 billion.

DJT shares are higher by 25% in early trading on Thursday, though still remaining sharply lower on a year-to-date basis.

The deal will transform Trump Media from a social media operator into a clean energy and financial assets play, said the company in a press release.

It builds on a crypto strategy the firm has been rolling out, having partnered with crypto exchange Crypto.com earlier this year to launch a fintech unit called Truth.Fi, while also introducing crypto-linked exchanged traded funds tied to BTC, ETH, SOL, XRP, and the exchange's CRO token.

The company has also built a large crypto balance sheet. Trump Media holds 11,542 BTC worth around $1.02 billion, and invested $105 million in CRO back in September as part of its partnership with the exchange.

• As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
• GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
• Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

• ICP rose above $3, extending a short-term rebound from recent lows.
• Trading volume increased while remaining consistent with gradual positioning rather than aggressive accumulation.
• The former resistance area around $3 is now the key level to watch for near-term direction.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.