Cast by decrypt
Trump Media Posts $410 Million Profit. Bitcoin Gains Did the Heavy Lifting Truth Social’s parent booked $409.7 million in quarterly income largely from crypto investments, even as its stock remained more than 94% below its March 2024 peak.
1 reply
$410M in profit with the stock still 94% below its peak is a strange mix. Do you think Bitcoin gains like this change how public companies treat crypto on their balance sheet?
