Crypto and Equity Markdowns Drive Trump Media’s $406 Million Q1 Loss
Trump Media & Technology Group (TMTG) posted a $405.9 million internet loss for the primary quarter of 2026, dominated by non-cash losses.
Unrealized losses on digital belongings and fairness securities reached $368.7 million, nearly the complete shortfall. Stock-based compensation added $11.8 million, alongside $11.5 million of accreted curiosity.
Bitcoin Treasury Drives Paper Losses as Prices Drop
TMTG’s crypto treasury is valued at $821.9 million towards a $1.24 billion price foundation, per CoinGecko information. The place is roughly $423.06 million underwater total.
The treasury incorporates 9,542 Bitcoin (BTC) price $767 million, acquired at a mean price of $118,529 per coin. TMTG’s Bitcoin stability dropped by 2,000 BTC in late February, down from 11,542 BTC.
Bitcoin fell roughly 22% throughout Q1 2026, marking its worst quarter since 2018. The firm additionally holds 756 million Cronos (CRO), worth $54 million.
Follow us on X to get the most recent information because it occurs
Trump Media’s Financial Assets Climb to $2.1 Billion as Revenue Stays Thin
Meanwhile, the operator of Truth Social produced simply $0.9 million in income. Operating money flows totaled $17.9 million, marking the company’s fourth straight constructive quarter.
The agency’s complete belongings reached $2.2 billion. The determine almost tripled from $759 million a yr earlier.
“Trump Media is utilizing its robust stability sheet and constructive working money circulation to proceed rising all our companies and platform infrastructure. Even as we work towards advancing our proposed merger with TAE Technologies as shortly as attainable, we’re figuring out new progress alternatives and new methods to extend shareholder worth,” Interim CEO Kevin McGurn said.
Trump Media additionally stated it’s growing new Truth Social options, together with prediction-market tools, a sports activities part, expanded use of artificial intelligence across the platform, and extra.
Subscribe to our YouTube channel to observe leaders and journalists present professional insights
The submit Crypto and Equity Markdowns Drive Trump Media’s $406 Million Q1 Loss appeared first on BeInCrypto.