Forbes published an article mocking Trump for poorly timing his Bitcoin purchase, which led to a personal wealth decrease of $490 million.

On November 7, the Trump family previously sued the U.S. media outlet Forbes for false reporting on Trump Media, calling Forbes a “fake news media.” Today, as Bitcoin has just fallen below $100,000, Forbes published a new article titled “Trump Holds a Heavy Position in Bitcoin, but His Timing Is Terrible” and mocked Trump by saying, “Buying in, especially at a high point, doesn't necessarily make one richer.” The article mentions that Donald Trump, who once held a skeptical view of Crypto Assets, has now transformed into the “chief crypto assets advocate.” This summer, he spent $2 billion through Trump Media to purchase Bitcoin, with the buying cost estimated to be $115,000 per coin. Initially, it seemed promising; however, in the past month, the price of Bitcoin has dropped by 17%, leading to a 24% decline in the stock price of Trump Media, which has indirectly reduced Trump's personal wealth by $490 million.