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As Trump Media scraps some businesses, it's doubling down on Truth Social and the president

Trump Media is closing side businesses as it concentrates on Truth Social, where revenue has been rising, company officials said.

Summary by Bedford Gazette
The president's social media company is going back to its roots. The parent of Truth Social said Monday it is abandoning several new businesses — crypto, online betting, financial services — to refocus on building up its social media platform.…

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·Jersey City, United States
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Bedford GazetteBedford Gazette
Center

As Trump Media scraps some businesses, it's doubling down on Truth Social and the president

The president's social media company is going back to its roots. The parent of Truth Social said Monday it is abandoning several new businesses — crypto, online betting, financial services — to refocus on building up its social media platform.…

Read Full Article
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Bedford Gazette broke the news on Wednesday, August 12, 2026.
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