Register and share your invite link to earn from video plays and referrals.

Kyle Chassé 🐸
@Kylechasse
$BTC '12 Democratizing access to 99%| $TIBBIR | WLTH | Early backer in Coinbase, Ripple, Circle, Securitize, Kraken + more. Explore More 👇
Joined October 2019
4.9K Following    284.8K Followers
Trump Media just reported $410M in quarterly profit on only $3M in revenue. Guys, that's the power of a Bitcoin-heavy balance sheet. They added 1,510 BTC, bringing their holdings to 15,649 Bitcoin. Meanwhile, the core business still lost $12.3M on adjusted EBITDA. Here's the part that matters. Most of that profit came from asset gains, not operating cash flow. Bitcoin is now driving the earnings narrative. And that cuts both ways. When BTC moves, the balance sheet moves with it.
Show more