Trump Media Loses $238 Million in Q2 and Scrambles to Fix Its Crypto Treasury
Trump Media took a hefty $238 million Q2 bath and is now awkwardly revamping its entire corporate crypto treasury strategy. Up in Silicon Valley, tech bros are having existential meltdowns over tokenomic spreadsheets, but down in Baja, our only treasury concern is whether the propane truck will make it up the dirt road before sunset. Who cares about multi-million dollar volatility when the local surf is firing overhead and the power grid flickers out just for fun?