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Cryptocurrency
fromTNW | Business
3 days ago

Trump Media reports $405.9m Q1 loss, almost entirely from crypto markdowns

A $405.9 million quarterly net loss was driven mainly by unrealised markdowns on bitcoin and equity investments, while operating cash flow stayed positive.
fromFuturism
1 month ago

Things Are Suddenly Looking Incredibly Bad for Trump's Social Media Company

President Donald Trump's struggling Truth Social social network, traded on the stock market as Trump Media & Technology Group (TMTG), revealed earlier this month that it had burned through a staggering $712.1 million last year - while only making $3.7 million. The company's alarming financials did little to buoy waning investor enthusiasm, with shares continuing a months-long plunge that reached an all-time low last week.
NYC startup
US politics
fromFlowingData
3 months ago

Trump family crypto accumulation

Family net worth stays about $6.8 billion as crypto holdings rise, real estate remains dominant (79% in 2023), and Trump Media shares fall 66%.
#cryptocurrency
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US politics
fromThe Verge
4 months ago

Who owns Trump Mobile?

Trump Mobile's ownership is unclear and it is not connected to Trump Media & Technology Group, which is pursuing a merger related to fusion technology.
US politics
fromTheregister
4 months ago

Trump Media wants in on nuclear fusion bandwagon

Trump Media and Technology Group plans to merge with TAE Technologies in a $6 billion all-stock deal to pursue a utility-scale fusion power plant targeted for 2026.
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