Trump Media interim CEO McGurn says Truth Social Truth API customer count rises to mid-teens
Reuters2026/08/28 20:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Interim CEO Kevin McGurn defended the Truth API data feed sold to customers including high-frequency trading firms, amid Congressional scrutiny.
- McGurn said the product delivers about a 50-millisecond advantage, describing it as real-time public distribution similar to other platforms’ APIs.
- He put Truth API customers in the “mid-teens,” up from roughly 10 cited in earlier press reports, with growth continuing.
- McGurn said Trump Media is working toward an S-4 for a “merger of equals” with TAE Technologies at a $6 billion valuation.
- He said the company is pursuing a bitcoin strategy through diversification across institutions to generate yield.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trump Media & Technology Group Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-029174), on August 28, 2026, and is solely responsible for the information contained therein.
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