BUSINESSTHE BLOCK
Trump Media records $360.6 million unrealized loss on digital assets in first half of the year
Trump Media recorded a $360.6 million unrealized loss on its digital assets during the first half of the year. As of June 30, its directly held BTC and CRO were valued at $597.7 million.
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Adjacent reporting
- Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns
- Trump Media posts $405 million loss driven by crypto holdings
- Trump Media posts $406M quarterly loss as crypto bets turn sour
- Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million
- Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million