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Trump Media Posts $405.9M Net Loss in Q1 2026 Driven by Unrealized Crypto Losses

GateNews
Stocks

Trump Media & Technology Group Corp., the parent company of Truth Social, posted a net loss of $405.9 million in the first quarter of 2026, largely driven by unrealized losses in cryptocurrencies held by the company. The company reported a positive operating cash flow of $17.9 million and $2.1 billion in financial assets for the period, according to its Q1 earnings release on Friday.

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