EconomyTrump Media Losses Reach $238 Million as Firm Pivots to Fast Feeds
Donald Trump’s social media company reported deeper losses totaling $238 million. The firm is shifting away from a major cryptocurrency bet toward a controversial new business. That operation sells faster access to posts from the US president that could move financial markets. The pivot reflects a change in the company’s commercial focus as it seeks a new path beyond its crypto venture.
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Bloomberg News★★☆☆☆2026-08-10 23:30Original
Trump Media Losses Reach $238 Million as Firm Pivots to Fast Feeds
Economy