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The Holdings That Sank Trump Media in Q2 Lifted It to a $410 Million Profit in Q3

AI summary

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.

Narrative history
4 linked stories · 5 outlets · since 10 Nov
  1. 1H AGO
    Unchained · Score 25 · via Trump Media, Q3 profit
  2. 1H AGO
    crypto.news · Score 55 · via Trump Media, Media
  3. 2H AGO
    The Defiant · Score 55 · via Trump Media, 15,649
  4. 5H AGO
    You’re reading this
    The Holdings That Sank Trump Media in Q2 Lifted It to a $410 Million Profit in Q3
    BeInCrypto · Score 35
  5. 7H AGO
    The Block · Score 45 · via $410M, Trump Media
Most read · 72h