Trump media reports $361 million in losses from cryptocurrencies
2026-08-11 21:48:58
According to CoinMeta, The Trump Media & Technology Group (NASDAQ : $DJT) reported a loss of $360.6 million on its cryptocurrency holdings in the first half of this year. In its financial report, the company stated that as of June 30, its holdings of 9,477 bitcoins were valued at approximately $557.1 million. In the second quarter, the company's bitcoin holdings decreased by 65, mainly due to changes in market conditions and business priorities. Trump Media incurred a net loss of $238 million in the second quarter, with revenue of less than $2 million.
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