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yesterday

Trump Media’s Truth+ Enters Global Beta on Major Streaming Platforms

Global beta on smartphones, web, connected-TV platforms highlights Truth+’s push into uncensorable media underpinned by a multibillion-dollar Bitcoin treasury.

A banner for Newsmax Inc. is displayed during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., March 31, 2025. REUTERS/Brendan McDermid/File Photo
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Overview

  • Truth+ rolled out its beta worldwide on July 7 with apps now live for iOS, Android, web, Apple TV, Android TV, Amazon Fire and Roku, and availability on LG and Samsung smart TVs pending approval.
  • The service operates on private servers and a proprietary software stack designed to make its content “uncancelable” by Big Tech.
  • Trump Media and Technology Group reported $821,000 in revenue for Q1 2025, a $32 million loss and 359,000 daily active users in May, up 106 percent year-over-year.
  • The company authorized a $400 million share buyback and raised $2.3 billion via convertible notes and equity offerings to establish a dedicated Bitcoin treasury.
  • Under its Truth.Fi arm, Trump Media filed an SEC registration for a Bitcoin-Ethereum ETF with Crypto.com as custodian and has plans for additional crypto ETFs and separately managed accounts.