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Market News>Trump Media posts $406M quarterly loss as crypto bets turn sour

Trump Media posts $406M quarterly loss as crypto bets turn sour

Bitsfull2026/05/11 10:2013387

Summary:

Trump Media’s $405.9 million net loss was driven mostly by unrealized losses on Bitcoin bought at last summer’s peak and Cronos tokens acquired through a Crypto.com deal.

South Korea crypto holdings halve in a year as investors turn to stock market
18 hours ago
Amin Haqshanas

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