Trump Media reported a loss of $238 million in the second quarter, focusing on Truth Social
2026-08-11 12:24:11
According to CoinMeta, Trump Media reported a loss of $238 million in the second quarter of 2026, which is 10 times the loss from the same period last year. After experiencing one of its worst quarters, the company is shifting its focus back to Truth Social and has signed agreements with over 10 clients, mainly high-frequency trading firms. It is expected that this service will generate nearly $1.2 million in revenue per client per year for the company, allowing for faster access to Trump's posts. The details come from The Wall Street Journal.
Source:X
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