Trump Media & Technology Group (TMTG) has set up some of its servers in a data center in Omaha, Nebraska, owned by the family office of the Midwest media tycoon.
The server company “1623 Farnam Road” is fully owned by Berks Group, a private investment firm of the Bradley family, according to public documents from the SEC, the Nebraska Secretary of State’s office and the Missouri Secretary of State’s office. this Burks Group It is an investment company that basically operates like a family office, and after selling most of its assets with the news media with the Gazette Corporation (NPG), it is a long-term media company that they own newspapers, TV channels and national radio stations.
Given that TMTG is an online media company, the existence of servers may not sound surprising. But TMTG usually brings these relationships closer to their chest. In most of its SEC files, it has edited 1623 Farnam mentions. wealth 1623 Farnam facilities are mentioned in the contract between TMTG and one of its suppliers, WorldConnect Technologies. In this agreement, WorldConnect will have 2.5 million TMTG shares when the 1623 Farnam’s Data Center opens its first data center in Omaha.
This relationship adds details to TMTG’s business partners and structure, including a large portion of President Donald Trump’s personal net worth.
1623 Farnam declined to comment on the record of this story. TMTG did not respond to a request for comment.
President Trump’s net worth has been wrapped in TMTG
Trump is TMTG’s largest shareholder, controlling 53% of the company. Despite not having a formal role in TMTG, its success as a business is still directly related to his own net worth. According to TMTG’s current share price, Trump’s approximately 114 million shares are worth about $3.6 billion. In December, Trump placed his stake in Revocable trust Controlled by his son and current TMTG board member Donald Trump Jr.
The president may have used most of his fortune as a real estate developer and TV celebrity, but he is actually a tech tycoon now. In his past lives, his business relationships may have been used in skyscrapers with companies that pour cement or install i bundles. Now, they have developed energy flow content with technology providers or content delivery networks with data center providers like 1623 Farnam.
These companies are not household names and do not offer services used by ordinary consumers of social media apps or streaming services in their daily lives. However, they are crucial to the operation of any technology company, including TMTG. Given Trump’s financial interests in the TMTG and his current role as the president of the United States, they have proposed a new conflict of interest unique to the 21st century.
1623 Farnam provides TMTG access to network functionality, allowing it to connect to the Internet. Among the telecommunications industry companies in 1623, Farnam was called “operator hotels”, and they were physical locations that served as a gathering point for many networks that made up the Internet.
“The Internet is not a network,” said Ramesh Sitamaran, a professor of computer science at the University of Massachusetts. “This is a collection of many independent networks. To send (information) from one place on the Internet to another, it has to go through many independent networks. So you need a place where the networks can physically “meet” each other in exchange (information). The operator hotel facilitated this meeting.”
Operator hotels were early pioneers of cloud computing, but remained a key part of the technological infrastructure that was crucial to the operation of the Internet. Because they connect many different networks to a single location usually found in downtown areas of large cities, this means there are almost none of them, which in turn makes them a valuable investment opportunity.
“Someone might say it’s as important as electricity, sewers and water,” said Brian Bradley, owner of the Burks Group and now president of NPG. explain Acquisition of 1623 Farnam in 2018.
Family Affairs
Bradleys, a wealthy family from St. Joseph, Missouri, bought dozens of news businesses in the press and later local television stations under NPG and later local television and radio stations. In 2011, the family sold most of their broadcast assets to SustrineLink Communications, a former subsidiary of Altice. Reported $350 million.
Since then, Bradleys has focused primarily on operating its Berks Group website. According to its website, six members of the Bradley family currently serve as board members and executives at the Burke Group leadership.
Berks Group purchased 1623 Farnam in 2018 for an undisclosed price. At the time, the company was known as the Nebraska Data Center. The Berks Group promised to invest $30 million in 1623 when Farnam purchased the company in 1623.
TMTG’s “Invalid” media network
As TMTG continues to build its technology stack, it has established business relationships with lesser-known business-to-business companies such as 1623 Farnam. Although most people are not familiar with it, these companies now play a major role in TMTG’s operations.
For much of the year, TMTG has been conducting a process to build its own proprietary technology infrastructure to drive its X-like truth social and nascent video streaming platform Truth+. TMTG also announced earlier this week Develop a financial technology platform Called truth.fi. TMTG often touts the system in SEC files, which is integral to its mission to become Big Tech’s “ineffective”. 1623 Farnam’s data center is the first site to accommodate a network held by TMTG emerging technology.
In November 2024, TMTG announced that all its data centers were running. The contract with WorldConnect provides further stock incentives for five overall data centers. It is not clear whether these additional data centers are located or all of them are running.
TMTG announced that its first data center will start online in August 2024, around the time it began launching its streaming service. Currently, TMTG has a standalone streaming platform called Truth+, which is available on iOS, Android and Amazon Live content in fire TV and its truth social app. According to previous Report from wealthan obscure company without a website, by James E.Louisiana businessman and major Republican donors.
Family political donation
The Bradley family also has a history of donating to Republican candidates for years, according to the Federal Election Commission and open secret data. From 2014 to 2024, the six family members hired by the Berks Group provided at least $76,000 to various Republican candidates. According to the reviewed records wealth.
Two family members, Rall Bradley and Eric Bradley, also regularly donated to Democratic candidates, including in the recent election cycle, according to publicly secret data. The family also donated money to the broadcasting industry DC lobbying group, the political department of the NBC, which supports Republican and Democratic candidates.
