Trump is selling early access to social media posts. The gambit is starting to pay off.
Mother Jones reports that Trump Media & Technology Group's quarterly revenue rose 200 percent, driven by a service selling high-frequency traders faster access to Donald Trump's Truth Social posts for up to $100,000 a month, though the company still lost $26.5 million, holds over $1.1 billion in bitcoin, and faces a shareholder vote on a merger with a nuclear fusion company. The outlet judges the revenue terrible by social media standards, notes the 2021 investor brochure's unmet projections of 81 million users and $3.6 billion by 2026, and says a passed merger would likely make it a nuclear power company with a social media appendage.
