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Trump Media swings to $410 million Q3 profit, driven by crypto gains

Trump Media swings to $410 million Q3 profit, driven by crypto gains
AI summary

Trump Media and Technology Group posted net income of $409.7 million in Q3, a swing from a $54.8 million net loss a year earlier, with the profit driven largely by gains on crypto holdings. The result shows how crypto exposure can materially reshape a public company's earnings, a data point for traders tracking corporate digital-asset treasuries.

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