Truth Social's financial ambitions turn into a stock market fiasco
Truth Social's financial ambitions turn into a stock market fiasco

According to several financial documents leaked in recent months, the company has accumulated hundreds of millions of dollars in annual losses despite a stock market valuation that was long supported by investors close to the former US president. Legal fees, stock-based compensation, and the volatility of the cryptocurrency market contributed to the group's rapid deterioration.

A risky diversification into digital assets

Trump Media has launched numerous initiatives around Bitcoin and other digital assets, notably through financial projects associated with the Trump brand. The group has even announced plans to build up significant cryptocurrency reserves, a strategy defended by its executives as a growth driver but considered extremely risky by several analysts.

This direction also fuels criticism of potential conflicts of interest surrounding Donald Trump and his family, who have been heavily involved in the cryptocurrency world since his return to power. Despite the company's financial difficulties, Truth Social remains a central political tool for the American president, who continues to use it to directly disseminate his messages to his conservative base.

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  1. Jy2M's Avatar

    In my opinion, we should organize a fundraiser. Of course, Donald Trump ruined us with his Strait of Hormuz, which the Iranian regime had been threatening to block for decades, and it might be even worse if the situation spirals out of control, for example, if the oil depots of neighboring countries were attacked by Iran following, for instance, the destruction of its power plants. But if a global fundraiser were organized to support his social network, Donald Trump would be so "softened" that he wouldn't dare, for example, impose tariffs on us anymore.

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