PANews November 10 News, according to Cointelegraph, the Bitcoin held by Trump Media & Technology Group is insufficient to support its balance sheet. Due to rising costs, the company’s Q3 financial report shows a loss of $54.8 million. The company revealed last Friday that its net loss for Q3 widened compared to $19.3 million in the same period last year. The company reported revenue of $972,900 for the quarter, down from over $1 million a year earlier. Trump Media’s stock price closed last Friday down 1.73% at $13.10, with a slight rebound after hours to $13.20.
Trump Media reported that as of September 30, it held 11,542 Bitcoin (valued at $1.3 billion at the time). The company first announced in late July that it would start purchasing Bitcoin and disclosed plans to increase holdings further while considering “acquiring other similar cryptocurrencies” in its earnings report. Trump Media realized $15.3 million from its Bitcoin options investments and recorded an unrealized gain of $33 million from holding over 746 million Cronos tokens.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Price Prediction TOP 3 Cryptocurrencies: BTC, ETH and XRP Signal a New Breakout
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are sending signals for a potential breakout on Friday, after recording impressive gains of over 8%, 10%, and 4% respectively this week. Currently, BTC and ETH are approaching key technical levels – milestones that could determine the next direction
TapChiBitcoin59m ago
BTC breaks through 72000 USDT, 24-hour increase of 3.06%
Gate News, on March 13, according to certain exchange market data, BTC broke through 72000 USDT, currently trading at 72020 USDT, with a 24-hour gain of 3.06%.
GateNews1h ago
Today's Cryptocurrency News (March 13) | Bitcoin Surges Toward $72,000; BlackRock's Staking Ethereum ETF Debut Shines
This article summarizes cryptocurrency news from March 13, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major events in the Web3 sector include:
1. Bitcoin approaches $72,000: Supply tightening and regulatory tailwinds resonate, revealing BTC's upward momentum;
2. Increased scams after Ethereum fee reduction? Address poisoning attacks surge, USDT small transaction volume skyrockets 612%;
3. Hong Kong stablecoin regulation enters implementation phase: HSBC, Standard Chartered Bank may be among the first to obtain stablecoin issuance licenses.
GateNews1h ago
Bitcoin Breaking Through $73,000 Will Result in Cumulative Short Liquidation Intensity of $662 Million on Mainstream CEXs
According to Coinglass data, if Bitcoin breaks through $73,000, the liquidation intensity of short positions on mainstream CEXs will reach $662 million; if it falls below $70,000, the liquidation intensity of long positions will reach $726 million. The liquidation chart reflects the liquidity impact after the price reaches specific levels.
GateNews1h ago
