Truth Social parent company reports losses of $400 million
Culture Index
Score Breakdown
Relevance
19/25
Freshness
25/25
Authority
10/20
Brand Signal
9/15
Depth
8/15
5-Axis Cultural Radar
WASHINGTON: The parent company of Truth Social , President Donald Trump’s social media platform, reported a net loss on Friday of more than $400 million in the first quarter — mostly from tumbling cryptocurrency valuations. Trump Media & Technology Group (TMTG) reported revenue of less than $1 million for the three months ending March 31, according to a company filing. The president, who routinely