Trump Media Posts $406M in Quarterly Losses as Bitcoin Bet Backfires
Trump Media & Technology Group posted a $405.9 million net loss in the first quarter of 2026, up from $31.7 million a year earlier, amid growing unrealized losses on its crypto holdings. The parent company of Truth Social booked $244 million in unrealized losses on its Bitcoin position and a further $108.2 million in investment...
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