Broadcom named strategic vendor for Walmart virtualization solutions
Juhan Phillip, the Chief Financial Officer and Treasurer of Trump Media & Technology Group Corp. (NASDAQ:DJT), recently sold a significant portion of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, Phillip sold a total of 21,059 shares on March 10, 2025. The sales were executed at prices ranging from $20.08 to $21.81 per share, totaling approximately $431,621.
Following these transactions, Phillip retains ownership of 220,577 shares of Trump Media & Technology Group. The company’s shares are traded under the ticker DJT on the NASDAQ exchange.
In other recent news, Trump Media and Technology Group Corp. (TMTG) has announced plans to enter the financial services sector with a series of America First-themed investment products under the Truth.Fi brand. The company has filed trademark applications for exchange-traded funds (ETFs) and separately managed accounts (SMAs) and has committed up to $250 million, to be managed by Charles Schwab (NYSE:SCHW). In another development, TMTG has partnered with payment processor Moov to introduce flexible payment options for its platforms, including credit cards, ACH transfers, and debit cards. This partnership is part of TMTG’s broader strategy to monetize its services and offer subscription packages for Truth+, its streaming service.
Additionally, TMTG, along with its partner Rumble, has taken legal action against a Brazilian Supreme Court Justice’s order to suspend Rumble’s operations in Brazil. The companies filed an emergency motion in a U.S. federal court to have the orders declared unenforceable in the United States. Meanwhile, the announcement of TMTG’s expansion into financial services, including a collaboration with Charles Schwab, has impacted other market players. Shares of Bakkt Holdings fell significantly following the news, as TMTG’s move is seen as direct competition to Bakkt’s digital asset marketplace. The recent developments indicate TMTG’s strategic efforts to diversify its offerings and expand its presence in the financial technology space.
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