Trump Media stock slides as firm reports $20 million quarterly loss, teases 'utility token'
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最新报道：Trump Media & Technology Group, parent company of Truth Social, reported a $20 million Q2 net loss with $15 million attributed to legal fees from its prolonged SPAC merger. Its shares dropped 3.8% post-earnings, maintaining a $4.7 billion market cap. The company holds $3.1 billion in assets, boosted by July bitcoin purchases, ranking as the fifth-largest corporate bitcoin treasury. Trump Media also revealed plans for a utility token tied to its Patriot Package subscription service, potentially usable for Truth+ subscriptions and other platform services, though blockchain integration remains unconfirmed. The SEC delayed its decision on Trump Media's digital asset ETF proposal to September 18.
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