🚨 TRUTH SOCIAL BLEEDS $58M | TRUMP'S SHARE SOARS TO BILLIONS Truth Social reported a loss of $58 million last year on just $4 million in revenue. Yet, Trump's stake in the venture skyrockets as company execs pocket millions in salaries and stock. Source: WaPo https://t.co/7wt2ONthqx
Donald Trump on Truth Social: https://t.co/LHqnYhWjiE
Donald Trump on Truth Social https://t.co/Gitmc1RggW

Former President Donald Trump has issued a statement on Truth Social, describing the company's financials as 'very solid' with zero debt and $200 million in cash, despite media focus on last year's $58 million loss. Trump Media & Technology Group ($DJT), the parent company of Truth Social, has been a target for both speculation and skepticism in the financial markets. After its shares surged to as high as $79 on March 26, the day trading began, they have since experienced volatility, closing recently at $40. This fluctuation has attracted attention from short-sellers betting on the stock's decline, with some losing $100 million last month. Trump's statement and the stock's performance have sparked discussions on its future, with some predicting a further decline, while others remain hopeful.






