Corporate Finance #trump media#q2 results
Trump Media Posts $238M Q2 Loss as Crypto Holdings Tumble, CEO Pivots to Social Media
Trump Media & Technology reported a $238 million Q2 net loss as bitcoin and Cronos holdings tumbled, with per-share losses widening from 8 cents to 86 cents. Revenue doubled to $1.7 million, while the company pivots back to social media under new CEO Kevin McGurn, launching Truth API and continuing a nuclear fusion merger.
Aug 11, 2026 1 source