TMTG Adds TV Streaming Platform To Truth Social On iOS, Android, And Web, Believes Its Balance Sheet Will Enable The Expansion And Refinement Of Its New TV Streaming Platform, Truth+, Launched In August 2024 On The Company's Custom-Built CDN
Portfolio Pulse from Benzinga Newsdesk
TMTG has launched a new TV streaming platform, Truth+, on its custom-built CDN, available on iOS, Android, and Web. The company has a strong balance sheet with $344 million in cash and no debt, which it believes will support the expansion and refinement of Truth+. TMTG is also exploring growth opportunities, including mergers and acquisitions.
August 09, 2024 | 8:38 pm
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TMTG has launched Truth+, a new TV streaming platform, and has a strong balance sheet with $344 million in cash and no debt. The company plans to expand Truth+ and explore growth opportunities, including mergers and acquisitions.
The launch of Truth+ and the strong financial position of TMTG are likely to positively impact the stock price of DJT in the short term. The company's plans for expansion and potential mergers and acquisitions further add to the positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100