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Trump Media shares drop 8% after $238M Q2 loss and buying 4,661 more Bitcoin

Market News
11 Aug 2026
Coinpaper
View Source
Bearish
pluang ai news

Trump Media & Technology Group shares fell 8.03% following the announcement of a $238.1 million net loss for Q2 2026, a significant increase from the previous year's $20 million loss. Despite revenue rising to $1.7 million, the company expanded its Bitcoin holdings by 4,661.84 BTC, bringing the total to 12,061.66 BTC, even as digital asset price declines contributed to large unrealized losses. The company is refocusing on its core social media platform, Truth Social, and has launched a paid data service, Truth API, targeting financial and tech firms. Trump Media also plans to complete a merger with TAE Technologies by the end of 2026 while ending some non-core ventures.

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Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

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