Trump Media Reports $405.9M Q1 2026 Net Loss, Crypto Holdings Account for 60% of Losses

BTC0.59%
CRO-1.04%

According to company filings, Trump Media & Technology reported a $405.9 million net loss for the first quarter of 2026, with unrealized losses on cryptocurrency holdings accounting for roughly 60% of the total loss.

Unrealized losses on digital assets totaled approximately $244 million. The company held 9,542.16 Bitcoin with a fair value of $647.1 million at quarter-end and 756.1 million Cronos tokens valued at $53 million. Trump Media generated only $871,200 in revenue during the quarter, up 6% year-over-year.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto Wrench Attacks Surge 41% in 2026, With $101M Lost in First Four Months: CertiK

According to CertiK, cryptocurrency holders lost approximately $101 million from wrench attacks in the first four months of 2026, with 34 verified incidents globally—a 41% increase from the same period in 2025. If the trend continues, the firm estimates hundreds of millions in losses for the full

GateNews1h ago

American Bitcoin Reports $82M Q1 Loss, Second Consecutive Quarterly Decline

According to Glong Hui, American Bitcoin reported on May 7 that the mining company posted an $82 million net loss in the first quarter, marking its second consecutive quarterly loss. Revenue declined approximately 20 percent to $62 million, driven by declining bitcoin holdings value. The company

GateNews18h ago

Standard Chartered Global Stablecoin Report: Non-USD stablecoins have enormous potential, with Taiwan’s score nearly matching Singapore

According to a recent global stablecoin research report released by Standard Chartered, the global stablecoin issuance has surpassed $320 billion, and in Q1 2026 the total stablecoin transaction volume exceeded $28 trillion, setting a historic high for a single quarter. The report notes that non-USD stablecoins have substantial room for expansion, with Taiwan’s score comparable to the Singapore market. Analysis of Global Stablecoin Market Concentration and Non-USD Demand According to the Standar

MarketWhisper18h ago

TeraWulf Q1 earnings report: HPC revenue first surpasses Bitcoin mining, net loss reaches $427 million

According to Decrypt’s May 9 report, Bitcoin miner and data center operator TeraWulf (WULF) released its 2026 first-quarter financial results, recording a net loss of approximately $427 million. Total quarterly revenue was $34 million, of which revenue from its AI high-performance computing (HPC) business was $21 million, marking the first time in TeraWulf’s history that its quarterly HPC revenue surpassed Bitcoin mining revenue.

MarketWhisper21h ago

Tokenized RWA Exceeds $300 Billion, Up 10x in Two Years: a16z Crypto

According to a16z Crypto, tokenized real-world assets (RWA) have exceeded $300 billion in size, growing 10-fold over the past two years. U.S. Treasury bonds account for nearly half of the total, with the asset class expanding to include government debt, commodities, equities, and private credit on-c

GateNews22h ago
Comment
0/400
No comments