CEO and former Republican U.S. Rep. Devin Nunes said in a statement the company “continues to explore additional possibilities for growth” such as mergers with other companies that “would benefit from Trump Media technology and branding.”
Truth Social parent Trump Media reports $19 million quarterly loss
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TMTG CEO Devin Nunes noted in a statement that in less than three years since Truth Social’s launch, the social media platform has gone public on the Nasdaq, created its own hardware and software infrastructure, and launched a streaming service, all while accruing no debt.
Donald Trump's Truth Social posts $16.4 million loss, still has huge cash balance
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