$406M in Losses: Bitcoin & CRO Weigh Down Trump Media’s Accounts
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Trump Media & Technology Group starts the year with pressured accounts. Despite nearly $900,000 in revenue, the parent company of Truth Social reports a net loss of $405.9 million in the first quarter. The net loss is largely due to the impact of crypto on Trump Media’s balance sheet, even though Bitcoin remains a pillar of its financial strategy. This discrepancy illustrates the direct impact of digital assets on its results.
L’article $406M in Losses: Bitcoin & CRO Weigh Down Trump Media’s Accounts est apparu en premier sur Cointribune.
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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