coin-img-ETHETH+0.62%coin-img-BTCBTC+0.37%coin-img-SOLSOL-0.22%coin-img-USDCUSDC+0.01%coin-img-LIBBYLIBBY+1,313.33%coin-img-INTEINTE-40.04%coin-img-XRPXRP-0.85%coin-img-TONCOINTONCOIN-4.17%coin-img-ETHETH+0.62%coin-img-BTCBTC+0.37%coin-img-SOLSOL-0.22%coin-img-USDCUSDC+0.01%coin-img-LIBBYLIBBY+1,313.33%coin-img-INTEINTE-40.04%coin-img-XRPXRP-0.85%coin-img-TONCOINTONCOIN-4.17%coin-img-ETHETH+0.62%coin-img-BTCBTC+0.37%coin-img-SOLSOL-0.22%coin-img-USDCUSDC+0.01%coin-img-LIBBYLIBBY+1,313.33%coin-img-INTEINTE-40.04%coin-img-XRPXRP-0.85%coin-img-TONCOINTONCOIN-4.17%coin-img-ETHETH+0.62%coin-img-BTCBTC+0.37%coin-img-SOLSOL-0.22%coin-img-USDCUSDC+0.01%coin-img-LIBBYLIBBY+1,313.33%coin-img-INTEINTE-40.04%coin-img-XRPXRP-0.85%coin-img-TONCOINTONCOIN-4.17%

Trump Media posts $405.9M Q1 loss as unrealized crypto hit widens deficit

Trump Media & Technology Group (TMTG) reported first-quarter 2026 results showing a net loss of $405.9 million on revenue of $871,200, a wider deficit than a year earlier driven mainly by unrealized losses on its cryptocurrency holdings. The filing said the company holds 9,542 BTC worth about $767 million, with an average purchase cost of roughly $118,529 per coin. TMTG also owns 756.1 million CRO, carried at a cost basis of about $113.9 million and a current fair value near $530 million. To manage volatility, the company holds covered call options on 4,000 BTC, with 2,000 BTC pledged as collateral.
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