Business

Truth Social Parent Company Reports Major Losses

Updated 2026-05-10 02:47 UTC 1 source Negative

The parent company of Trump’s Truth Social platform reported a $400 million loss this year, primarily due to depreciation in cryptocurrency assets.

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Al Jazeera
Losses driven largely by depreciation of cryptocurrency assets as prices of digital currencies tumble.
2026-05-09 17:47 UTC
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