Trump Media, parent company of Truth Social, saw its bitcoin holdings decrease slightly to 9,477 BTC by the end of June 2026, with the value dropping from $836 million to $557 million due to falling crypto prices. The company reported $360.6 million in losses on digital assets in the first half of 2026, mostly unrealized. Additionally, Trump Media's Cronos token holdings remained unchanged but lost significant value. These losses come shortly after Trump Media and Crypto.com ended plans for a publicly traded CRO treasury company and an ETF partnership, citing market conditions and shifting priorities.
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
Trump Media & Technology Group has terminated its $6.42 billion crypto treasury business combination with Crypto.com and Yorkville, citing market conditions and shifting priorities. The canceled plan involved creating a company to manage Cronos token...
In the first week of August 2026, the cryptocurrency market surged with total capitalization rising from under $2.2 trillion to $2.9 trillion. Bitcoin led the rally, climbing over 3% to surpass $65,300 despite regulatory setbacks from the U.S. Senate...
Trump Media and Crypto.com have mutually terminated their agreements involving a CRO token treasury project and prediction markets on Truth Social due to market saturation and changing priorities. Trump Media will now focus on its core media business...
Trump Media and Technology Group has abandoned its plan to create a publicly traded company to accumulate Cronos (CRO) tokens due to challenging market conditions and changing priorities. The company is also scaling back its partnership with Crypto.c...
