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Key Disruption
Trump average reported a loss of q2 $ 20 million $ 20b, lifting the questions about their Crypto genes. Meanwhile, pushes forward with digital adventes as the truth.fi ebcriptions.
Trump Media & Technology Group [DJT]the firm behind the social truth and a vowel backer of a Bitcoin [BTC] Treasury strategy, he saw its warehouse warm almost 4% on August 4 to $ 16.92 After RAPAPTENT A $ 20 million net loss for q2.
Source: Google Finance
This drop seems to be widely driven by $ 15 million legal fees attached to their prolonged spacer.
The legal ings, including consultant against their spons Spons and the former CO-Social Social, seems to weigh a lot on investor feeling.
Bitcoin Billion, but not a refund tesla
What makes trump’s q2 performance further surprising is their aggressive bitcoin strategy, especially in contrast to businesses as the plates, which reported A profit of $ 284 million from BTC Holdings in the same quarter.
Heavy walnuts, including a jump in $ 1,2 billion, reflect the wide market rejection and the new accounting rules
However, in spite of the treasure of the fifth fifth and promoting their assets at $ 3,1 billion, average trump has not seen similar benefits.
Token utility plans
With a $ 4.7 billion market season
Trump media appears to learn their ambitions of digital assets, as revealed in a recent Dry sec. Described the company utility token related to his patriota’s subcriber.
The program pressing the “Gemme” users who will intend a tolken with social vegetable and their streaming platform, (worth, is still in beta mode.
While clear if this token will be the blockchain based, the angry methods like a payment method for subscriptions and other future services in their ecosystem.
Etfs delayed, Washington Steps in
The company reached their intention to launch the Etfs Digital Assets, although the Sec has retarded Their decision on the proposal until September 18 to allow more time for the revision and public feedback.
In fact, in alThen DISS PIIRORA PAUG ATKINS, Democratra Democratic ElloCadh Warrom excrepates an Arabic.
“All the security and sec action (Trump Media & technological of the President of President Trump must make sure they are free from undue political interference and their administration.”
So, with bold investments in bitcoin, now total Around $ 2 billion and an expanse suitcase by truth +, truth, and planned to cross a terrenism with Yorkville America, the company signaled a strong commitment to digital innovation.
