Trump Media Posts $405 Million Loss
The Trump family media group posted a net drop of $405.9 million in the first quarter, largely driven by unrealized losses in cryptocurrencies held by the company. Trump Media and Technology, the parent company of Truth Social, released its first quarter 2026 results Friday, reporting a positive operating cash flow of $17.9 million. Trump Media & Entertainment Technologies, Inc. This loss was primarily driven by the company's cryptocurrency holdings.
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Sources · 7 independent
Bloomberg Radio
“The Trump family media group posted a net drop of $405.9 million in the first quarter, largely driven by unrealized losses in cryptocurrencies held by the company.”
Mastodon
“Trump Media posts $405 million loss driven by crypto holdings https://www.bitbbq.com/en/384744/ #Cryptocurrency”
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