According to CoinMeta, the stock of Trump Media and Technology Group (DJT) plummeted by nearly 70% in 2026, resulting in estimated cumulative losses of over $2.2 billion for external investors, while Trump's stake was valued at around $460 million. The stock of DJT closed at $3.99 on November 6th, representing a 69.9% decline since the beginning of the year. Independent analysis shows that since 2021, external shareholders have suffered cumulative market value losses of over $2.2 billion. Although Trump Media has disputed this calculation, arguing that it does not accurately reflect shareholder transactions or market conditions, the company's revenue in the second quarter of 2026 was approximately $1.67 million, with a net loss of about $238 million, and there were also significant unrealized losses in cryptocurrency investments. The company is undergoing a major strategic transformation through a merger with fusion developer Tae Technologies, and shareholder voting is expected to take place on December 14th.