Donald Trump's Trump Media reported a net loss of $238 million in Q2, with revenue under $2 million, primarily due to a decline in digital assets value of over $190 million.
Donald Trump Trump Media & Technology Group released its second-quarter financial results on Monday, reporting a net loss that far exceeded the nearly $20 million loss recorded during the same period last year. The company stated that the loss was primarily due to a decline in the value of non-cash assets, including a loss of over $190 million resulting from digital assets, pledged digital assets, and equity securities.In addition, the company disclosed that its Truth API service has signed more than 10 client agreements, primarily with high-frequency trading firms, which pay monthly fees ranging from $60,000 to $100,000.
Source:CNBC头条 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
The Nikkei 225 index rose 2.03% today, now at 66,937.24.
-
2
Bank of Japan (BOJ) expects Japan's economy to grow moderately in FY2026, accelerating from FY2027 as crude oil price effects wane, supported by AI demand
-
3
POOL Coin Value Analysis: PoolTogether Protocol, Governance Token, and Investment Considerations
-
4
CARD Coin (ADA) In-depth Analysis: Cardano's Market Performance, Ecosystem Development, and Future Prospects
-
5
LG Innotek ramps up iPhone 18 Pro variable-aperture camera module and AI server substrate output
-
6
Blockchain Platform Building Guide and Overview of Mainstream Bitcoin Trading Platform Apps
-
7
What is STARSHIP Coin? An Analysis and Trading Guide for STARSHIP Tokens on BSC and Solana Chains
-
8
DEXT Coin: An Analysis of the DEXTools Platform's Utility Token and Its Development Prospects
-
9
U.S. retailers are importing goods early to circumvent new tariffs, leading to an earlier peak season this year.
-
10
FLUX Decentralized Cloud Network and PORTO Token: Market Focus Analysis and Perpetual Contracts Overview
Markets Today
Recommended Reading








