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 The post The Holdings That Sank Trump Media in Q2 Lifted It to a $410 Million Profit in Q3 appeared first on BeInCrypto.
Key Takeaways
- 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.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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