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Buying Billions in Bitcoin Couldn't Save Trump Media From Another Quarterly Loss

Trump Media & Technology Group reported a $54.8 million net loss for Q3 2025, marking three consecutive quarters of financial losses. Despite a significant investment of $2 billion in Bitcoin, President Donald Trump's media company saw its stock fall to a yearly low of $12.76 following these results. The company's total assets are reported to be around $3.1 billion. While returns from Bitcoin and interest holdings amounted to $28.7 million, they were overshadowed by depreciation and legal costs related to its SPAC merger. The quarterly earnings included $15.3 million from Bitcoin-related options and $13.4 million from interest on other holdings. Looking forward, Trump Media plans to expand into prediction markets with Crypto.com, leveraging its Truth Social platform.

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A Quarter of Polymarket Volume May Be Wash Trading, Columbia Study Finds

A study by Columbia University reveals that approximately 25% of trading volume on Polymarket, a major prediction platform, may be attributed to wash trading. This analysis examined the trading history of 1.26 million active wallets on Polymarket and discovered suspicious patterns in 14% of transactions. The research indicates that

A Quarter of Polymarket Volume May Be Wash Trading, Columbia Study Finds

A recent study from Columbia University reveals that approximately 25% of all trading volume on Polymarket, a major prediction platform, may be attributed to wash trading. The analysis examined 1.26 million active wallets on the platform and found suspicious trading patterns in 14% of them. Researchers noted that the

A Quarter of Polymarket Volume May Be Wash Trading, Columbia Study Finds

A recent study from Columbia University suggests that approximately 25% of the trading volume on Polymarket, a prediction market platform, may be attributed to wash trading. This finding is based on an analysis of 1.26 million active wallets, revealing suspicious trading patterns in about 14% of them. These patterns