Trump Media reported a $238 million net loss in Q2 2026, driven largely by $190.4 million in unrealized losses on its cryptocurrency and securities holdings. The company’s Bitcoin holdings decreased slightly to 9,477 BTC valued at $557 million by June 30, with significant value drops in Cronos tokens as well. A planned merger with Crypto.com and Yorkville Acquisition was mutually terminated due to changing market conditions. In July, Trump Media expanded its Bitcoin position to over 14,000 BTC worth about $890 million, while planning to restructure its crypto strategy and increase investment in its Truth Social platform and media operations.
Trump Media and Technology Group reported a decline in its Bitcoin holdings to 9,477 BTC as of June 30, 2026, down 65 BTC from March. The company faced $360.6 million in cryptocurrency losses in the first half of 2026 due to falling Bitcoin and Crono...
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 ...
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...
