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The Block

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

By Timmy Shen

Trump Media and Technology Group reported a net income of $409.7 million in Q3, compared with a net loss of $54.8 million a year earlier.

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Cryptocurrency

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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