[Cryptocurrency and equity asset impairments lead to Trump Media's $406 million loss in Q1] According to BeInCrypto, Trump Media & Technology Group (TMTG) reported a net loss of $405.9 million in the first quarter, primarily driven by unrealized losses in digital assets and equity securities, which amounted to $368.7 million. Additionally, stock-based compensation expenses of $11.8 million and interest accretion of $11.5 million were also factored into the losses. The company's cryptocurrency treasury has a cost basis of $1.24 billion, with a current valuation of $821.9 million, reflecting an unrealized loss of approximately $423 million. The treasury holds 9,542 $BTC, valued at $767 million, with an average cost of $118,529 per Bitcoin. Bitcoin fell by approximately 22% in Q1, marking its worst quarter since 2018. The company also holds 756 million $CRO (Cronos), valued at $54 million.