Trump Media posts $409.7 million Q3 profit as Bitcoin gains carry the quarter
Trump Media's reliance on Bitcoin for profits highlights the volatility risk in its financial strategy, overshadowing its core business growth. The post Trump Media posts $409.7 million Q3 profit as Bitcoin gains carry the quarter appeared first on Crypto Briefing.
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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