Trump Media Reports $361M Crypto Loss as Bitcoin Holdings Slide in Q2

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Trump Media, the parent company of Truth Social, disclosed significant losses in its cryptocurrency portfolio during the second quarter. The company held 9,477 Bitcoin valued at approximately $557 million as of the end of June. Its position in Cronos also declined sharply in value during the same period. The combined losses across its crypto holdings amounted to $361 million. The figures highlight the financial risks the media firm faces from its exposure to volatile digital assets.

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