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Kyle Chassé 🐸
@Kylechasse
$BTC '12 Democratizing access to 99%| $TIBBIR | WLTH | Early backer in Coinbase, Ripple, Circle, Securitize, Kraken + more. Explore More 👇
参加 October 2019
4.9K フォロー中    284.8K ファン
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.
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