Trump Media reports $238m loss as crypto falls

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BBC Business

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Trump Media reports $238m loss as crypto falls

The firm says it will refocus on its social media mission, which includes a controversial service that sells faster access to Trump's market-moving posts.

11 Aug, 01:12

Guardian Business

Trump’s media company, which also owns Truth Social, reports $238m loss

Company also announced a paid service for early access to president’s posts on policies to the social media site Donald Trump’s media company – which owns the Truth Social platform favored by the US president – posted a $238m loss in the second quarter. Trump Media & Technology on Monday reported that losses in the three months through June came as the company branched into new ventures including crypto. The company’…