Trump Media Expands Bitcoin Holdings to $900 Million While Reporting H1 Unrealized Losses — What to Know About Truth Social Owner's BTC Stash
Trump Media & Technology Group Corp. reported Monday, August 10, that it held more than $900 million worth of Bitcoin at the end of July.
Trump Media bought a huge amount of Bitcoin (a digital money), betting it will be worth more later. When a company puts lots of money into one thing like this, watch to see if that bet pays off or costs them—it tells you how confident they are in their strategy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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