Trump Media Reports Widened Quarterly Loss of $238 Million

Trump Media & Technology Group, known for its Truth Social platform, reported a significantly wider second-quarter loss of $238 million, primarily attributed to unrealized losses from its cryptocurrency assets.

14 Aug, 02:36 — 14 Aug, 02:36

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myjoyonlineMixed2d ago

Trump Media’s quarterly loss widens to $238m from $20m a year earlier

Trump Media & Technology Group, founded by U.S. President Donald Trump and known for its Truth Social platform, reported a wider second-quarter loss, largely due to unrealised losses tied to its cryptocurrency ‌assets.

By Abubakar Ibrahim

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Trump Media Reports Widened Quarterly Loss of $238 Million

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Trump Media’s quarterly loss widens to $238m from $20m a year earlier

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