Trump Media & Technology Group recently reported a significant third-quarter loss of $54.8 million, driven by escalating expenses. This is a stark contrast to the $19.3 million loss seen in the same period last year, highlighting the ongoing financial challenges faced by the company. Despite this downturn, revenue for the quarter reached only $972,900, significantly lower than over a million dollars in the previous year. Trump Media’s stock closed Friday at $13.10, marking a decline of 1.73%, but recovered slightly to $13.20 in after-hours trading. The company also disclosed a significant Bitcoin holdings strategy, holding approximately 11,542 bitcoins worth $1.3 billion as of September 30th. Trump Media’s plans include further Bitcoin purchases and potential acquisitions of other cryptocurrencies like Ethereum.