Trump Media plans to raise $3B to spend on cryptocurrency.

Trump Media plans to raise $3B to buy cryptocurrency.

The Chief Executive Officer of Trump Media & Technology Group (TMTG)—the parent company of Truth Social—is Devin Nunes. A former U.S. Representative from California and Chair of the House Intelligence Committee, Nunes resigned from Congress in January 2022 to assume leadership of TMTG.

In addition to his role at TMTG, Nunes was appointed Chair of the President’s Intelligence Advisory Board in January 2025. He continues to serve as CEO of TMTG while holding this advisory position.

TMTG is publicly traded under the ticker symbol DJT on the Nasdaq. The company has been expanding into cryptocurrency investments and financial technology services, aligning with its broader strategy to diversify beyond social media.

This article was written by Greg Michalowski at www.forexlive.com.