Donald Trump media reports Q2 net loss of $238 million, primarily due to non-cash losses on cryptocurrency holdings caused by falling Bitcoin prices
Donald Trump Media and Technology Group reported a net loss of $238.1 million in the second quarter of 2026, primarily due to non-cash losses on its cryptocurrency holdings caused by a decline in Bitcoin prices. As of June 30, the company held 9,477 Bitcoin, valued at $557.1 million, down from 9,542 Bitcoin at the end of 2025. The fair value of its holdings decreased from $836 million at the end of last year. The company also holds a Cronos cryptocurrency position, which also saw a decline in value during the first half of this year. Revenue for the quarter was $1.67 million, an 89% increase year-over-year.
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