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Trump Media Reports Over $400 Million Loss, Citing Crypto Holdings
Trump Media & Technology Group, the parent company of Truth Social, has reported a substantial loss exceeding $400 million for the year. The company attributed a significant portion of this financial setback to its crypto holdings.
9 May, 17:08 — 9 May, 17:47
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (42/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left2
Left (2)
Al JazeeraYahoo
Center1
Center (1)
bloomberg
Right
Far R
Geographic diversity— 2 regions9/34
US2Qatar1
Sources
Showing 2 of 3 sources
Al JazeeraMostly Factual1h ago
Parent company of Trump’s Truth Social site reports $400m loss this year
Losses driven largely by depreciation of cryptocurrency assets as prices of digital currencies tumble.
Read full article →YahooMostly Factual2h ago
Trump Media Reports $2.2B in Assets as Crypto Holdings Drive Q1 Loss
Read full article →Coverage Timeline
First report: bloomberg · 9 May, 14:25|Full coverage: 3 · 3h|Window: 3h
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