Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss
Market context around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is the loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss
