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Trump Media reports $238M net loss in Q2 2026 as Bitcoin holdings drag down balance sheet
['Editorial Team']
Crypto Briefing
Trump Media & Technology Group, the parent company of Truth Social, just posted a quarterly net loss that is roughly 140 times its revenue.
The company reported a $238.1 million net loss for Q2 2026, driven almost entirely by the plummeting value of its Bitcoin stash.
AdvertisementTMTG’s total net loss in Q2 2025 was $20 million, meaning the deficit ballooned by more than 1,000% year-over-year.
TMTG’s $1.7 million quarterly revenue offers almost none.
A 13% drop in Bitcoin’s price produced an unrealized loss that was more than 110 times the company’s quarterly sales.