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Trump Media Overhauls Crypto Treasury Strategy After $238M Q2 Loss

Guavy AI Editorial Team
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Trump Media & Technology Group has announced plans to revamp its digital asset treasury strategy after reporting a $238.1 million second-quarter loss.

The company's quarterly results disclosed that it held approximately 14,139 BTC by July 31, with unrealized crypto and securities losses reaching $190.4 million during Q2.

Trump Media plans to overhaul its crypto treasury strategy to manage volatility and generate income through options, lending, and other yield-generating arrangements.

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