Max Kennerly 7 days ago
It's unrealized investment loss; Trump Media is a levered crypto holding co with a small media subsidiary.
Hilariously, their Bitcoin cost basis is $1.131B; today it's worth $766M.
Their equities seem to be yet more crypto, which went -17.4% compared to S&P 500 -4.63%.
Buy high and hold bags.
add a skeleton here at some point