Trump Media's quarterly loss widens to $238 million from $20 million a year earlier

Trump Media & Technology Group (DJT.O), opens new tab, founded by U.S. President Donald Trump and known for its Truth Social platform, reported a wider second-quarter ​loss, largely due to unrealized losses tied to its cryptocurrency ‌assets.

Its second-quarter net loss jumped to $238.1 million from about $20 million a year earlier, the company said in a statement.