Al Jazeera
QA · 1 hrs ago
✦ 78◉ Centre
Parent company of Trump’s Truth Social site reports $400m loss this year
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Accuracy 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Trump Media & Technology Group, the parent company of Truth Social, reported a $400 million loss for the year, primarily due to depreciation of cryptocurrency assets as digital currency values declined.
Parent company of Trump’s Truth Social site reports $400m loss this year
Losses driven largely by depreciation of cryptocurrency assets as prices of digital currencies tumble.
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