Trump Media records $360.6 million unrealized loss on digital assets in first half of the year

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Trump Media records $360.6 million unrealized loss on digital assets in first half of the year

60-second summary

Trump Media reports a $360.6 million unrealized loss on digital assets in the first half of the year, despite its directly held Bitcoin and Crypto.com Coin (CRO) totaling $597.7 million at June 30, indicating a significant market downturn.

Trump Media recorded a $360.6M unrealized digital-asset loss in H1. Its directly held BTC and CRO were worth $597.7M at June 30.