Trump Media posts $409.7 million Q3 profit as Bitcoin gains carry the quarter
8 outlets · first seen 20h ago · latest 30m ago
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Crypto Briefingfirst seen
Trump Media posts $409.7 million Q3 profit as Bitcoin gains carry the quarter
Trump Media's reliance on Bitcoin for profits highlights the volatility risk in its financial strategy, overshadowing its core business growth. The post Trump Media posts $409.7 million Q3 profit as Bitcoin gains carry the quarter appeared first on Crypto Briefing.
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The Block
Trump Media swings to $410 million profit in Q3, driven by crypto gains
Trump Media and Technology Group reported a net income of $409.7 million in Q3, compared with a net loss of $54.8 million a year earlier.
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BeInCrypto
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…
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crypto.news
Trump Media adds 1,510 Bitcoin in Q3 as treasury reaches $1.17B
Trump Media added a net 1,510 BTC in Q3, bringing its holdings to 15,649 Bitcoin worth $1.17 billion, while reporting $409.7 million in quarterly profit.
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Unchained
Bitcoin Gains Lift Trump Media to a Q3 Profit as Operations Lose $23.6 Million
The $23.6 million operating loss is Unchained's calculation excluding a $378.1 million digital-asset gain, which the 10-Q books inside operating results, while revenue came to $3.0 million. The post Bitcoin Gains Lift Trump Media to a Q3 Profit as Operations Lose $23.6 Million appeared first on Unchained.
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Bitcoin Magazine
Trump Media (DJT) Pledges 73% of Its Bitcoin to an Options Program as $1 Billion Note Deadline Nears
Bitcoin Magazine Trump Media (DJT) Pledges 73% of Its Bitcoin to an Options Program as $1 Billion Note Deadline Nears Trump Media's Q3 10-Q shows 11,385 of its roughly 15,649 bitcoin pledged to an options program whose counterparty can reuse the coins, with nearly all the rest backing $1 billion of notes holders can put back Nov. 30. This post…
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BeInCrypto
Trump Media Reveals 4,359 Bitcoin Buy After the President Called Crypto Dangerous
Trump Media bought 4,359 Bitcoin in Q3, but nearly all 15,649 coins are pledged as $1 billion in notes face a cash test. The post Trump Media Reveals 4,359 Bitcoin Buy After the President Called Crypto Dangerous appeared first on BeInCrypto.
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CryptoSlate
Trump Media posts $410M profit, but crypto hides an operating loss
The company reported $496.1 million in combined digital-asset, pledged-digital-asset and equity gains, while adjusted EBITDA remained negative. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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Decrypt
Trump Media Posts $410 Million Profit. Bitcoin Gains Did the Heavy Lifting
Truth Social’s parent booked $409.7 million in quarterly income largely from crypto investments, even as its stock remained more than 94% below its March 2024 peak.