A swing to profit driven by Bitcoin (CRYPTO:BTC) is lifting Trump Media & Technology Group (NASDAQ:DJT) stock after the Truth Social parent reported its third-quarter results. Trump Media stock is at $4.43 this morning, up 9%. Even with the bounce, Trump Media stock is down 45% over the past month, after a slide that pushed the shares to a new low earlier in November.

The results, which the company disclosed after the close on November 9, show a profit built mostly on non-cash investment gains. Underneath that headline, Trump Media’s Truth API data licensing product is starting to generate recurring subscription revenue, and its core operating loss decreased.