Trump Media Posts $238M Quarterly Loss as Crypto Bets Backfire, Nuclear Pivot Advances
New Delhi, Aug. 11 -- Trump Media & Technology Group filed a second-quarter net loss of $238.1 million on revenue of $1.7 million Monday, as declining cryptocurrency holdings overwhelmed a social media business that generated less than $3 million in total sales across the first half of the year. Shares of DJT fell roughly 6 percent after the results landed with the Securities and Exchange Commission.
TMTG's bitcoin and cryptocurrency holdings lost $360.6 million in value over the first six months of 2026, according to the company's SEC filing, turning an operational shortfall into a headline quarterly loss that will define how analysts discuss the company for the rest of the year.
Trump Media went public by merging with a blank-check co...
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