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Trump Media’s quarterly loss widens to $238m from $20m a year earlier
By GhanaSummary Newsroom1 min read
President Donald Trump and known for its Truth Social platform, reported a wider second-quarter loss, largely due to unrealised losses tied to its cryptocurrency assets.
The results come as Trump Media seeks to generate new revenue from Truth API, a licensed data feed that will give banks and trading firms "the fastest" access to posts from influential Truth Social accounts, such as President Donald Trump's, whose posts often move global markets.7 million in revenue in the quarter ended June, compared with $0.
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