Trump Media (DJT) Stock Edges Up After Q3 Swing to $410 Million Profit

TLDR Trump Media (DJT) posted Q3 net income of $409.7 million, versus a $54.8 million loss a year ago. Most of the profit came from non-cash gains on crypto assets. Revenue rose 205% to $3.0 million, helped by Truth API subscriptions. The company held about 15,649 BTC at the end of September. The TAE Technologies merger is on track, with a shareholder vote set for Dec. 14. Trump Media and Technology Group closed Monday at $4.06, up 1.75%. The stock added another 1.5% in after-hours trading once the numbers landed. Trump Media & Technology Group Corp., DJT The company behind Truth Social posted a Q3 net income of $409.7 million. A year earlier, it lost $54.8 million. Before anyone pops the champagne, note where the money came from.

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