Quartz·2 min read·medium

Trump Media posted a $238 million loss as falling crypto prices battered its Bitcoin holdings

Cris Tolomia
AI Summary

Trump Media & Technology Group reported a $238 million loss for the first half of 2026, largely driven by a $360.6 million decline in the value of its Bitcoin holdings. The company's financial performance has been significantly impacted by volatility in the cryptocurrency market.

The Truth Social parent recorded $360.6 million in losses on digital assets in the first half of 2026 as Bitcoin prices declined

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