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Trump Media Posts $405.9M Loss in Q1 2026 Amid Crypto Asset Decline

GateNews

2026-05-09 07:24:36

BTC0.81%

CRO2.5%

According to BeInCrypto, Trump Media and Technology Group (TMTG) reported a net loss of $405.9 million in Q1 2026, driven primarily by $368.7 million in unrealized losses on digital assets and equity securities. The company’s crypto treasury, with a cost basis of $1.24 billion, currently valued at $821.9 million, recorded an unrealized loss of approximately $423 million. TMTG holds 9,542 Bitcoin with an average cost of $118,529 per coin, valued at $767 million. Bitcoin declined approximately 22% during the quarter, marking its worst performance since 2018. The company also holds 756 million Cronos tokens valued at $54 million.

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