Trump's memecoin generated $636 million for him but caused nearly 1 million buyers to lose a combined $3.81 billion, according to blockchain data and his 2025 financial disclosures. The token's value has dropped about 97% from its peak, with most retail investors losing money while early traders profited. This has led to political scrutiny, with calls for stricter ethics rules in crypto legislation, as Trump promoted the coin heavily during his presidency. The controversy highlights risks for retail investors and ongoing debates over crypto regulation in the U.S.
Bitcoin slipped below the $65,000 level after stabilizing there for a month, with mixed signals from traders and weak network activity making recovery uncertain. Despite a $238 million loss in Q2, Trump Media invested heavily in Bitcoin, adding 4,662...
Trump Media reported a $238.1 million net loss in Q2 due to unrealized losses on digital assets and securities totaling $190.4 million. Despite the loss, revenue grew 89% to $1.67 million, driven by advertising, subscriptions, and management fees. Af...
