Trump Media to overhaul crypto treasury strategy after $238.1 million Q2 loss
Trump Media & Technology Group reported a second-quarter loss of $238.1 million, driven largely by $190.4 million in unrealized losses on crypto and securities. The company plans to overhaul its digital-asset treasury approach while keeping Bitcoin central to its capital strategy. As of July 31, it held about 14,139 Bitcoin, up from 9,477.16 BTC on June 30, after a slight decline from 9,542.16 BTC three months earlier.