Parent company of Trump's Truth Social site reports $400m loss this year
Trump Media and Technology Group reported a first-quarter 2026 loss over $400 million largely from cryptocurrency asset depreciation amid falling digital currency prices.
Trump Media and Technology Group lost $406m in first three months of 2026
Trump Media and Technology Group reported about $406 million in losses on roughly $870,000 revenue in early 2026, driven mainly by non-cash digital asset losses.
Parent company of Trump's Truth Social site reports $400m loss this year
Trump Media and Technology Group reported a first-quarter 2026 loss over $400 million largely from cryptocurrency asset depreciation amid falling digital currency prices.
Trump Media and Technology Group lost $406m in first three months of 2026
Trump Media and Technology Group reported about $406 million in losses on roughly $870,000 revenue in early 2026, driven mainly by non-cash digital asset losses.