Trump Media & Technology Group announced a 200 percent increase in third-quarter revenue, totaling $3 million, mainly due to a service for high-frequency traders. However, the company still faces significant financial challenges, reporting a loss of $26.5 million. The firm is also preparing for a merger with a nuclear fusion company, which may change its business direction. Current estimates suggest Truth Social has only about 6 million users, far below initial projections.
Key facts
- Trump Media reported a 200 percent revenue increase in Q3 2026.
- The company earned $3 million in revenue, with $1.8 million from a new service.
- Meta reported over $64 billion in revenue in the same quarter.
- Trump Media projected $3.6 billion in annual revenue by 2026.
- The company holds over 15,000 bitcoins valued at $1.1 billion.
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