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According to the Financial Times, Trump Media is facing $1 billion in debt pressure, and the Bitcoin bet effect is waning.
According to the Financial Times, Trump Media, the parent company of Truth Social, is facing $1 billion in debt pressure due to declines in its stock price and cryptocurrency prices. With the waning effect of its Bitcoin bets, the company may be forced to sell assets or take on costly new debt.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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