Trump Media & Technology Group Q3 Financial Report: Bitcoin Investment Reaches $1.3 Billion

BlockBeats News, November 10, Trump Media & Technology Group released its third-quarter financial report. Its third-quarter loss was $54.8 million, compared to $19.3 million in the same period last year; revenue was $0.9729 million, compared to over $1 million in the same period last year.

Of note, the company reported that its Bitcoin investment reached $1.3 billion; Bitcoin options investment realized a $15.3 million gain, and it holds over 746 million Cronos, with an unrealized gain of $33 million.