The Holdings That Sank Trump Media in Q2 Lifted It to a $410 Million Profit in Q3
Trump Media & Technology Group (DJT) reported a $409.7 million profit in Q3, reversing a $238.1 million loss in Q2. The swing came from gains on the crypto and equity holdings that drove most of the prior quarter's loss, while the Truth Social parent's core business still ran at a loss. Traders should note that DJT's quarterly earnings now swing with the prices of those holdings, tying its results to crypto market moves.
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1H AGOUnchained · Score 25 · via Trump Media, Q3 profit
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1H AGOcrypto.news · Score 55 · via Trump Media, Media
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2H AGOThe Defiant · Score 55 · via Trump Media, 15,649
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5H AGOYou’re reading thisThe Holdings That Sank Trump Media in Q2 Lifted It to a $410 Million Profit in Q3BeInCrypto · Score 35
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7H AGOThe Block · Score 45 · via $410M, Trump Media