POPA Recon[Asian Economy] Trump Media takes a 'direct hit' to the sharp decline in virtual assets... Net loss of $240 million in the second quarter
[Asian Economy] Trump Media takes a 'direct hit' to the sharp decline in virtual assets... Net loss of $240 million in the second quarter • Trump Media & Technology Group recorded a net loss of $238 million in the second quarter. • Net loss for the same period last year was $20 million. • Sales were $1.7 million, an 89% increase compared to the same period last year. • Failed to turn a profit despite falling virtual asset value and new business promotion. • The 'Truth API' service was launched and has secured more than 10 customers with a monthly fee of 60,000 to 100,000 dollars. 🔗Read more…
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