Trump Media & Technology Group, the parent of Truth Social, reported a $238.1 million net loss for Q2 2026 as declines in the value of its cryptocurrency and other investments weighed on results.
The loss compared with a $20 million loss a year earlier and was driven largely by non-cash mark-to-market losses on digital assets and equity securities. Revenue rose to $1.7 million from roughly $900,000 a year earlier.
Trump Media has been building a large digital-asset treasury, but its Bitcoin holdings have fallen sharply from the levels accumulated during its initial push into cryptocurrencies. The company bought 11,542 Bitcoin for about $1.37 billion and has since moved 7,281 coins, according to on-chain analysis.
The company’s crypto strategy has generated about $361 million in losses, with the decline coming as Bitcoin prices fell from the levels at which Trump Media accumulated much of its holdings.
