Parent company of Trump’s Truth Social site reports $400m loss this year

Author: Al Jazeera Staff\
Published on: 09/05/2026 | 00:00:00

AI Summary:\
Trump Media and Technology Group (TMTG) reported revenue of about $870,000 for the first three months of the year, with a six percent rise in net sales. Recommended Stories list of 3 items list 1 of 3Trump announces three-day ceasefire in Russia-Ukraine war list 2 of 3 Trump halts Hormuz operation. The US president controls about 41 percent of the company’s shares, via a trust that manages his financial interests. Bitcoin dropped from $126,000 in October to $70,000 in March, before rising slightly to about $80,000. TMTG is pursuing a merger with the US company TAE Technologies. The company is focused on the development of nuclear fusion technology.


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