Follow UsTrump Media’s Crypto Bet Fuels Massive $238M Quarterly Loss
Bearish-47.75%
11 Aug, 18:25
Source: Decrypt
AI Summary
Trump Media & Technology Group reported $361 million in crypto-related losses during H1 2026 as falling digital asset values battered its balance sheet, contributing to a $238 million quarterly loss.
Falling digital asset values battered the Truth Social parent’s balance sheet, contributing to about $361 million in crypto-related losses during the first half of 2026.