Trump Media Reports $238M Quarterly Loss, Stock Falls 8% on Crypto Write-Downs
Trump Media & Technology Group (DJT) reported a $238 million Q2 2026 net loss, driven by over $190 million in unrealized crypto losses, including Bitcoin and Cronos declines. Revenue remained minimal at $1.7 million, mostly from Truth Social advertising. Shares fell 8% to $9.39, erasing two weeks of gains. Truth Social traffic dropped 36% year-over-year. The company launched Truth API, signing over 10 customers at up to $100,000/month. President Trump’s net worth fell nearly $100 million to $6.4 billion.
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Trump Media Reports $238 Million Net Loss in Q2 2026 Driven by Cryptocurrency Holdings
Trump Media and Technology Group reported a net loss of $238.1 million for the second quarter of 2026, primarily due to non-cash losses on its cryptocurrency holdings as Bitcoin prices declined. The company held 9,477 Bitcoin valued at $557.1 million as of June 30, down from 9,542 Bitcoin at the end of 2025, with the fair value dropping from $836 million. Trump Media also holds Cronos cryptocurrency, which also declined. For the first half of 2026, the company recorded $360.6 million in realized and unrealized losses on digital assets. Revenue reached $1.67 million, up 89% from the prior year, driven by advertising, Truth+ streaming subscriptions, and management fees from Truth.Fi ETFs. The company's Adjusted EBITDA loss was $223.5 million, largely from non-cash items. Trump Media ended the quarter with $2.0 billion in total assets. Separately, a planned joint venture with Crypto.com and Yorkville Acquisition was abandoned. Interim CEO Kevin McGurn noted progress toward a merger with energy company TAE Technologies, expected in Q4 2026.
Trump Media Earnings Reveal Huge Loss as DJT Bitcoin Bets Backfire
Trump Media and Technology Group (DJT) reported a significant second-quarter loss on Tuesday, driven by a slump in cryptocurrency prices that backfired on the company's Bitcoin bets. The media company's stock price fell sharply following the earnings release. The losses were attributed to the decline in Bitcoin value, which impacted the company's financial performance. The report highlights the risks associated with the company's cryptocurrency investment strategy.
Trump Media Reports $361 Million Crypto Loss
Trump Media and Technology Group (NASDAQ: DJT), the parent company of Truth Social, reported a $360.6 million loss on its cryptocurrency holdings for the first half of 2026. The company's Bitcoin holdings fell from 9,542 BTC at the end of March to 9,477 BTC as of June 30, a decline of 65 tokens. A significant portion of its Bitcoin was pledged as collateral, with 4,260 BTC against convertible notes and 2,077 BTC for a Bitcoin options strategy. The company cited 'prevailing market conditions and shifting business and stakeholder priorities' for the losses. Overall, Trump Media reported a net loss of $238 million for its fiscal second quarter on revenue of less than $2 million. DJT stock has fallen 46% over the past year to $9.39 per share, while Bitcoin traded at $64,260 on August 11.
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Trump Media's quarterly loss widens to $238 million from $20 million a year earlier
Trump Media & Technology Group, the parent company of Truth Social, reported a second-quarter net loss of $238.1 million, a sharp increase from $20 million a year earlier. The loss was largely driven by unrealized losses on its cryptocurrency assets, which suffered during the quarter due to investor risk aversion amid U.S. interest rate uncertainty, geopolitical tensions, and crypto outflows. Revenue rose to $1.7 million from $0.9 million, partly from its new Truth API data feed, which launched on August 1 and has signed over 10 customer agreements. The company is also pursuing a merger with fusion energy developer TAE Technologies, betting on AI-driven power demand. Interim CEO Kevin McGurn highlighted progress on both the API product and the merger.
Trump Media Reports $238 Million Loss Amid Crypto Decline and Falling Truth Social Traffic
Trump Media & Technology Group (TMTG), the parent company of Truth Social, reported a $238 million loss for the latest quarter, driven by a decline in cryptocurrency values and falling user traffic to its social media platform. The company's stock (DJT) tumbled following the announcement. Multiple news outlets, including BBC, The New York Times, Forbes, and NBC, covered the financial results, noting that Truth Social's traffic dropped sharply over the summer. TMTG also announced a new turnaround effort to address the losses and declining engagement. The Wall Street Journal reported that Truth Social had more than 10 sign-ups for its real-time feed, though this figure appears low relative to expectations. The losses and traffic decline raise questions about the company's long-term viability and its reliance on former President Donald Trump's brand.
Trump Media Stock Tumbles 8% on Earnings Losses and Digital Asset Write-Downs
Trump Media & Technology Group (DJT) shares fell over 8% on Monday, August 10, 2026, closing at $9.39 and erasing two weeks of gains, shortly before the company reported its second-quarter earnings. The company posted a net loss of $238.1 million for the quarter, with $190.4 million attributed to unrealized losses on digital assets, including $218 million in bitcoin losses and $27.4 million in cronos losses. Revenue remained minimal at $1.7 million, primarily from limited advertising. The company holds $2 billion in total assets, mostly cash and digital assets. Shares are down 30% year-to-date and 80% since its 2024 IPO. President Donald Trump's net worth fell nearly $100 million to $6.4 billion. The company launched Truth API on August 1, offering early access to high-profile Truth Social posts for up to $100,000 per month, which may boost future revenue.
Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media & Technology Group (TMTG) reported a net loss of over $238 million for its fiscal second quarter, a sharp increase from the $20 million loss in the same period last year. The loss was primarily driven by more than $190 million in declines from digital assets, digital assets pledged, and equity securities. Revenue was $1.7 million, up 89% year-over-year, mostly from advertising on Truth Social. Operating expenses surged 275% to over $165 million, attributed to digital asset volatility. TMTG also disclosed that its Truth API service, which provides faster access to President Donald Trump's posts, has signed more than 10 customer agreements, primarily with high-frequency trading firms, at monthly rates of $60,000 to $100,000. Separately, The New York Times reported that Truth Social's traffic fell sharply this summer.
Trump Media Stock Falls 8% Ahead of Q2 Earnings Report
Trump Media & Technology Group (DJT) shares fell more than 8% on Monday, August 10, 2026, closing at $9.39 and erasing two weeks of gains. The decline occurred just before the company's second-quarter earnings report, which is expected to show continued reliance on limited advertising revenue with no new revenue drivers introduced. The stock remains well above its 2026 low of $7 per share reached in July. President Donald Trump's net worth dropped by nearly $100 million to $6.4 billion, with his stake in the company valued at about $1 billion. The company recently launched Truth API on August 1, offering early access to posts from high-ranking Truth Social accounts for up to $100,000 per month, which may bolster future revenue. Trump Media shares have fallen 30% year-to-date and roughly 80% since going public in early 2024. The company lost $712 million in 2025, with advertising revenue of only $3.7 million. Truth Social has seen a 36% decline in monthly visitors year-over-year, averaging 28 million monthly visits in the first seven months of 2025.