General · 10 May 2026

Trump’s Truth Social parent loses $406m as crypto bets drag finances

Investors face fresh concerns after Trump Media reported heavy losses despite higher sales during the first three months of 2026. The company behind Truth Social said it lost nearly $406m between January and March while revenue rose 6 percent from a year earlier. Most losses came from cryptocurrency investments, including unrealised digital asset declines worth about $368m.

By BriefTea Editorial · 10 May 2026 at 6:13

Reported by Al Jazeera · How we write briefs

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