Trump Media Lost $238 Million in Q2. Here’s What Happened to Its Bitcoin.

NewsTue, 11 Aug 2026 07:13:49 UTC2 hours ago
Trump Media Lost $238 Million in Q2. Here’s What Happened to Its Bitcoin.

TLDR

  • Trump Media posted a $238 million net loss in Q2 2026, with $190.4 million in unrealized crypto and securities losses
  • The company held 9,477 Bitcoin worth $557 million at end of June, down slightly from the previous quarter
  • Its Cronos token holdings lost value, dropping from $68 million to $40.6 million
  • A planned business combination with Crypto.com and Yorkville Acquisition was called off
  • By July 31, Bitcoin holdings jumped to roughly 14,139 BTC worth about $890.5 million

Trump Media and Technology Group, the company behind Truth Social, reported a $238 million net loss for the second quarter of 2026. The loss was driven largely by unrealized losses on its digital assets and equity securities.

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