PANews丨APP全面升级|5月 09, 2026 07:31
Trump Media Posts $406 Million Loss in Q1 Due to Digital Assets
According to BeInCrypto, Trump Media & Technology Group (TMTG) reported a net loss of $406 million in Q1, primarily driven by unrealized losses in cryptocurrencies and equity securities, totaling $369 million.
As of the end of Q1, TMTG's crypto treasury cost approximately $1.24 billion, with a current valuation of around $822 million, reflecting an unrealized loss of about $423 million.
This includes holdings of 9,542 Bitcoins, valued at approximately $767 million, with an average cost of $118,529 per Bitcoin. Additionally, they hold 756 million Cronos tokens, valued at around $54 million.
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