EPISODE · Aug 11, 2026 · 1 MIN
Trump Media Rebounds with Paid Content | Chicago News
from Chicago News Today | 2 Min News | The Daily News Now!
Trump Media & Technology just reported a $238 million quarterly loss, forcing a strategic retreat from risky ventures like crypto and betting to refocus on Truth Social. CEO Kevin McGurn is pivoting to a paid content model — including Trump’s own posts — under the new “Truth PSI” plan, sparking accusations of a “presidency for profit.” Early signs are promising: ten high-frequency trading firms have signed on, paying $60K–$100K monthly, potentially generating $7M–$12M annually. Much of the loss stems from plummeting crypto assets, notably Bitcoin and Cronos, highlighting how market swings are impacting the company’s bottom line. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/298513bb0689cfe3
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Trump Media Rebounds with Paid Content | Chicago News
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