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Home/News Feed/Trump Media posts $238M Q2 loss amid digital asset declines, boosts Bitcoin holdings to 14,139 BTC
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Trump Media posts $238M Q2 loss amid digital asset declines, boosts Bitcoin holdings to 14,139 BTC

Market News
11 Aug 2026
Blockonomi
View Source
Bearish
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Trump Media reported a $238.1 million net loss in Q2 due to unrealized losses on digital assets and securities totaling $190.4 million. Despite the loss, revenue grew 89% to $1.67 million, driven by advertising, subscriptions, and management fees. After the quarter, the company increased its Bitcoin holdings from 9,477 to about 14,139 BTC by selling $159.6 million in Bitcoin-related securities. Trump Media also ended its planned Cronos treasury deal and is pursuing a merger with TAE Technologies, targeting Q4 2026 for completion pending regulatory approval.

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Trump Media cancels $6.42B crypto treasury plan, shifts focus to TAE merger and marketing Crypto.com products.

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...

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