Interim CEO Kevin McGann revealed that Truth Social's parent company Trump Media Technology Group is withdrawing from two partnerships with Crypto.com. The company's new management wants to focus the tech company's business on its media section and the pending merger deal with nuclear fusion company TAE. This strategic adjustment deviates from the previous management's development path. During the heyday of the cryptocurrency treasury business in 2025, the previous management heavily laid out the cryptocurrency and financial services circuit. “We want to focus on our main business,” McGann said. He mentioned that the market for digital asset treasury companies has become saturated in the past year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.