Trump Media Posts $238M Q2 Loss as Bitcoin Bets Sour, Stock Slides
DJT sits 34% above its 52-week low of $6.96.
Summary
Trump Media reported a $238.1 million Q2 net loss, driven by unrealized losses on its Bitcoin holdings as crypto prices fell. The company recorded a $360.6 million unrealized loss on digital assets in the first half of the year. Revenue was just $1.7 million, up from $900,000 a year ago. The company held 9,477 Bitcoin worth $557.1 million as of June 30, a sharp decline from the $2 billion accumulated in July 2025. This follows a $405.9 million Q1 loss and recent Bitcoin sales totaling $165 million. The stock dropped 8% Monday and another 0.5% pre-market Tuesday, while the merger with TAE Technologies remains on track for Q4 and the new Truth API data product has signed over 10 customers.
At the time of this announcement, DJT was trading at $9.30 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $6.96 to $18.97. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.