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Trump Media Eyes Overhaul After Second Quarter Losses Exceed $200 Million

Guavy AI Editorial Team
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Trump Media's second quarter results reveal a net loss of $238 million. The company plans to revise its digital treasury strategy and allocate more resources to its core media business, including Truth Social, Truth+, and Truth.Fi.

The firm reported unrealized losses on digital assets and related securities amounting to $190.4 million, but increased its Bitcoin holdings from 9,477.16 BTC as of June 30 to 12,062 BTC by July 31.

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