Trump Media Secures $105 Million, Boosting Cash Reserves to $350 Million

The influx of funds exceeds expectations, positioning the company for future growth despite ongoing financial challenges.

Trump Media & Technology Group raised $105 million through the exercise of warrants, surpassing initial projections of $69.4 million.
The company now holds $350 million in cash, including $41 million of previously restricted funds.
Despite the cash boost, Trump Media continues to face significant financial hurdles, with ongoing operating losses and negative cash flow.
Plans are underway to expand the Truth Social platform with live TV streaming and a content delivery network.
Trump Media has been added to the Russell 1000 and 3000 indexes, potentially increasing passive investment flows.