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International Business Times UK
International Business Times UK
World
Dani Oh

Trump Media CEO, CFO, CTO Sold Shares To Cover Tax as Bitcoin Bet Takes $238M Crypto Hit

Trump Media Bitcoin Kevin McGurn
Trump Media executives disposed of vested shares for tax withholding days after the company reported a $238.1m quarterly loss (Credit: sergeitokmakov/Pixabay)

Trump Media & Technology Group (TMTG) executives disposed of shares worth about $756,000 to cover tax withholding after restricted stock units vested.

The transactions came just days after the Truth Social parent reported a $238.1m second‑quarter loss largely tied to declines in digital assets and other financial securities, according to filings with the US Securities and Exchange Commission.

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