The Holdings That Sank Trump Media in Q2 Lifted It to a $410 Million Profit in Q3
Trump Media & Technology Group (DJT) earned $409.7 million in Q3, reversing a $238.1 million loss in Q2. Gains on the crypto and equity holdings behind most of that Q2 loss drove the turnaround. The Truth Social parent’s core business still ran at a loss. That leaves its quarterly earnings swinging with the prices of…
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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.
More about CryptocurrencyQuarterly results
A public company's report of its revenue, profit and outlook for a three-month period.
Results show how a business is really doing and often move its share price sharply.
More about Quarterly resultsFrom the blog
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Seasoned Investor Predicts Record-Breaking XRP Bull Run
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