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via Cointelegraph · By Cointelegraph Staff
Trump Media Posts $406M in Quarterly Losses as Bitcoin Bet Backfires
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Cointelegraph Staff(08:30 AM UTC)
1 min read
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0 commentsTrump Media & Technology Group posted a $405.9 million net loss in the first quarter of 2026, widening 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 losses tied mostly to equity securities, with nearly $370…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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