Svmuu News: Trump Media & Technology Group (TMTG) released its financial results for the first quarter of 2026. The data shows that the company reported a net loss of $405.9 million for Q1 on revenue of $871,200. The loss widened year-over-year, primarily impacted by unrealized losses on crypto assets.
The financial report shows that TMTG currently holds 9,542 BTC, valued at approximately $767 million, with an average purchase cost of around $118,529. Additionally, the company holds 756.1 million CRO, costing approximately $113.9 million, with a current fair value of about $53 million. To hedge against the volatility risk of crypto assets, TMTG also holds covered call options involving 4,000 BTC, of which 2,000 BTC have been used as collateral.
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Trump Media Group Reports Q1 Net Loss of $406 Million, Underwater Crypto Assets Drag Down Earnings
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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