Search results for TAE Technologies
Crypto
Trump Media\'s bitcoin holdings overtake Tesla, but Q2 results flash red
Trump Media & Technology Group has overtaken Tesla in bitcoin holdings, based on Bitcoin Treasuries data, but posted a second-quarter loss of $238 million. The company attributed the wider loss mainly to valuation losses from a drop in cryptocurrency prices. Trump Media reported 14,139 bitcoin as of July 31, while an external tally excludes some coins tied to a covered options strategy. Revenue rose, and the company promoted a paid Truth API service.
Industry
Fusion startup listing rush sparks industry split, with concerns it is too soon and results must come first
Investment appetite in the fusion energy industry continues, but divisions are sharpening over when companies should go public and how they should pursue monetisation. Fusion startups raised about $1.6 billion in the past 12 months, but opinions differ on whether firms should list before reaching the “scientific breakeven” milestone. Debate has centred on TAE Technologies and General Fusion, which have unveiled merger-based listing plans.
Crypto
Trump Media considers spinning off Truth Social to focus on crypto business
Trump Media & Technology Group is considering separating its social media platform Truth Social into a separately listed entity as it seeks to refocus its core business around cryptocurrencies, the company said. It disclosed it is in talks with TAE Technologies and Texas Ventures Acquisition Corp III. The discussions are based on a merger deal signed with TAE in December. The company also said it posted a 2025 loss of $712.3 million.