Trump Media Reports $238 Million Loss Driven by Crypto Depreciation

17:13 - 11.08.2026


August 11, Fineko/abc.az. Trump Media & Technology Group (TMTG) posted a second-quarter net loss of $238.1 million, compared with a $20 million loss a year earlier. The sharp increase was primarily driven by unrealized non-cash losses on its cryptocurrency holdings.

Key Takeaways:

  • Revenue Growth: Quarterly revenue rose to $1.7 million, up from $0.9 million in Q2 last year.

  • Monetizing Truth API: TMTG launched a new data feed product charging between $60,000 and $100,000 monthly for real-time access to high-profile Truth Social posts, having already signed over 10 agreements with trading firms.

  • Nuclear Fusion Merger: TMTG is moving forward with its planned $6 billion merger with TAE Technologies to capitalize on energy demand from AI data centers.