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Trump Media Reports $409.7 Million Quarterly Profit

Trump Media & Technology Group reported a $409.7 million quarterly profit on Monday, driven primarily by gains in its crypto holdings and investments. The company generated just $2.97 million in revenue during the third quarter, with $496.1 million in realized and unrealized gains on digital assets. Bitcoin's rise to approximately $84,000 during the quarter contributed significantly to the profit, with the company holding around 15,649 Bitcoin at quarter-end, including pledged coins for additional returns.

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