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Trump Media Reports $405.9M Q1 2026 Net Loss, Crypto Holdings Account for 60% of Losses

Industry Reports Stocks

2026-05-09 22:02:09

According to company filings, Trump Media & Technology reported a $405.9 million net loss for the first quarter of 2026, with unrealized losses on cryptocurrency holdings accounting for roughly 60% of the total loss.

Unrealized losses on digital assets totaled approximately $244 million. The company held 9,542.16 Bitcoin with a fair value of $647.1 million at quarter-end and 756.1 million Cronos tokens valued at $53 million. Trump Media generated only $871,200 in revenue during the quarter, up 6% year-over-year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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