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Trump Media reports a loss of over 400 million USD, mostly from crypto and stock portfolios.

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Trump Media & Technology Group (TMTG) has just released its Q1 2026 financial report with a net loss of nearly $406 million, primarily due to unrealized losses related to its cryptocurrency and stock portfolio. This information quickly caught the market’s attention as the media company associated with U.S. President Donald Trump is increasingly expanding its strategy into the digital asset sector.

According to the financial report, the total net loss for the first quarter reached $405.9 million, with unrealized losses from digital assets and securities alone amounting to $368.7 million, accounting for the majority of the losses. This indicates that the strong volatility of the crypto market continues to significantly impact the balance sheets of companies holding large-scale digital assets. Market data shows that TMTG’s crypto portfolio is currently valued at approximately $821.9 million compared to the initial purchase cost of $1.24 billion, meaning an overall unrealized loss of about $423 million.

This portfolio includes 9,542 BTC valued at approximately $767 million, corresponding to an average purchase price of $118,529 per BTC, along with 756 million CRO tokens valued at about $54 million. In Q1 2026, Bitcoin fell by about 22%, marking the sharpest quarterly decline since 2018. This development reflects a strong adjustment phase following the previous hot growth cycle of the crypto market, as speculative capital flows and large investment funds simultaneously took profits, creating widespread selling pressure.

Despite significant losses from the investment portfolio, the core business operations of the Truth Social social media platform still recorded positive cash flow signals. Q1 revenue reached approximately $900,000, a modest figure, but operating cash flow reached $17.9 million, marking the fourth consecutive quarter of positive cash flow. This indicates that the company is better controlling costs and gradually improving operational efficiency, even though revenue scale is still in the early stages of development.

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