Trump Media & Technology Group reported a $54.8 million third-quarter loss, a notable increase compared to the $19.3 million loss experienced in the same period last year, driven by rising costs. The company’s revenue declined significantly, reaching just $972,900 for the quarter, down from over $1 million during the previous year. Despite this, Trump Media’s stock closed at $13.10 on Friday, decreasing 1.73%, but rebounded slightly to $13.20 in after-hours trading. The company has a significant cryptocurrency portfolio, holding 11,542 bitcoins valued at $1.3 billion as of September 30th. In July, Trump Media announced its intention to purchase bitcoin and disclosed plans to increase its holdings further while exploring potential acquisitions of other cryptocurrencies in the same space.