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Trump Media Posts $410 Million Profit. Bitcoin Gains Did the Heavy Lifting

DE
Decrypt
By Jose Antonio Lanz
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Trump Media Posts $410 Million Profit. Bitcoin Gains Did the Heavy Lifting
Photo / Coverage: DecryptCredit: Jose Antonio Lanz
EXECUTIVE SUMMARY

Truth Social’s parent booked $409.7 million in quarterly income largely from crypto investments, even as its stock remained more than 94% below its March 2024 peak.

Key Takeaways

  • Trump Media Posts $410 Million Profit.
  • Bitcoin Gains Did the Heavy Lifting.
  • Truth Social’s parent booked $409.7 million in quarterly income largely from crypto investments, even as its stock remained more than 94% below its March 2024 peak.

Truth Social’s parent booked $409.7 million in quarterly income largely from crypto investments, even as its stock remained more than 94% below its March 2024 peak.

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Published originally on Decrypt

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OTHER MEDIA SOURCES COVERING THIS STORY
4 Publishers Reporting
TradingView
Trump Media posts $409.7 million Q3 profit as Bitcoin gains carry the quarter
Yahoo Finance
Bitcoin Gains Lift Trump Media to a Q3 Profit as Operations Lose $23.6 Million
unchainedcrypto.com
Bitcoin Gains Lift Trump Media to a Q3 Profit as Operations Lose $23.6 Million

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