Trump's media stocks fall 8%, increases holdings by 4,661 Bitcoins
2026-08-12 00:32:54
According to CoinMeta, the stock of Trump Media and Technology Group (NASDAQ : DJT) fell by 8.03% to $9.39, as the company reported a net loss of $238.1 million in the second quarter and added 4,661.84 more bitcoins, bringing its total holdings to 12,061.66 bitcoins. The company has lost more than 20 times over the past year, despite its quarterly revenue increasing from $900,000 to $1.7 million. Trump Media also plans to invest more resources in Truth Social and end some new businesses.
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Source：Coinpaper
This content is for market information only and does not constitute investment advice.
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