Parent company of Trump’s Truth Social reports $400M loss
CTV News
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The parent company of Truth Social, U.S. President Donald Trump’s social media platform, reported a net loss on Friday of more than US$400 million in the first quarter -- mostly from tumbling cryptocurrency valuations.
Truth Social reports $400M loss
- Parent company of Trump’s Truth Social site reports $400m loss this year Al Jazeera —
- Trump Media posts $405 million loss driven by crypto holdings Fortune —
- Trump Media Posts $405 Million Drop Driven by Crypto Losses Bloomberg —
- Truth Social — home of Donald Trump's unhinged rants — is bleeding cash Mirror —
- Truth Social owner Trump Media reports another round of drastic multimillion-dollar losses The Independent —