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المشهد العربي
Trust Social owner’s losses rise tenfold
Trump Media & Technology Group, the owner of the Truth Social platform, recorded record losses of approximately $238.1 million in the second quarter, reflecting a decline in digital asset and collateral valuations, which resulted in losses of over $190 million. Despite this, total revenue increased by 89%, reaching $1.7 million, after being impacted last year by cryptocurrency volatility and declining digital asset prices.
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