Even as its core business continues to flounder, Trump Media and Technology Group (NASDAQ: DJT), the parent entity of the Truth Social platform as well as the Truth Plus content streaming service, is smartly leveraging its cash-rich coffers to tap new avenues of growth, with the recently announced Truth.Fi banner constituting one such avenue with a sizable potential. We noted in late January that Trump Media and Technology Group’s board had approved the diversion of up to $250 million from its current reserve of around $700 million in cash and cash equivalents towards setting up customized Separately Managed Accounts (SMAs) […]
