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On May 10th, Trump Media & Technology Group (TMTG) announced its financial report for the first quarter of 2026, with the company posting a net loss of $405.9 million and revenue of $871.2k, representing an increased loss compared to $31.7 million in the same period last year, due to unrealized losses on its cryptocurrency holdings dragging down performance.
During the reporting period, TMTG held 9,542 Bitcoin, valued at $767 million, with an average purchase cost of $118,529 per Bitcoin. Additionally, the company also held 756.1 million CRO tokens, with a cost basis of $113.9 million and a fair value of $53 million. Last year, Trump Media completed the acquisition of CRO, with a transaction amount of $105 million.
TMTG also holds 4,000 Bitcoin call options as a hedge against cryptocurrency volatility. These options require 2,000 Bitcoin as collateral. #Gate广场五月交易分享