BBX News: DJT's Q1 revenue was $871000, with a net loss of $405.9 million (mainly non cash), holding 9542 BTC, and operating cash flow increased by $17.9 million; MARA launches Long Ridge $600 million notes, agrees to solicit and advance $1.5 billion acquisition, Q1 financial report released today; Riot's Q1 revenue exceeded expectations by $167.2 million, with its first data center recording $33.2 million, AMD 50 MW， On the same day,+10%.
Core points:
- Trump Media (NASDAQ: DJT): Q1 net loss of $405.9 million (primarily unrealized loss of $244 million BTC), revenue of $871000, holding approximately $647.1 million in 9542 BTC (floating loss of $482 million), operating cash flow+$17.9 million, CEO resignation, stock price of $8.93.
MARA (NASDAQ: MARA): On May 10th, Long Ridge launched a $600 million note solicitation with creditors agreeing to proceed with a $1.5 billion acquisition (505 MW power plant, $144 million annualized EBITDA). The Q1 financial report was released today.
Riot (NASDAQ: RIOT): Q1 revenue of $167.2 million (exceeding expectations), first recorded data center of $33.2 million, AMD 50 MW，1,473 BTC， Net loss of $505 million (mainly non cash),+10%.
Source: bbx.com
