Trump Media’s Bitcoin Holdings Shrink as Crypto Losses Reach $360.6 Million
Trump Media's Bitcoin holdings shrank in Q2 as falling crypto prices drove $360.6 million in first-half losses, mostly unrealized.
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Coverage of corporate strategy, M&A, partnerships, earnings, and the executives building the crypto economy.
Trump Media's Bitcoin holdings shrank in Q2 as falling crypto prices drove $360.6 million in first-half losses, mostly unrealized.
Strategy sold $108.6 million in Bitcoin to fund a STRC preferred stock buyback, its second straight week of selling rather than buying.