Trump Media's First-Quarter Loss Widens to $406 Million as Bitcoin, CRO Holdings Lose Value

Trump Media & Technology Group (NASDAQ: DJT), which operates Truth Social, has allocated substantial funds to bitcoin and Crypto.com's CRO. The strategy leaves its financial results reflecting not only its core media business but also significant exposure to crypto price swings, putting the risks tied to its holdings and the movement of funds in focus for investors.

Trump Media reported a net loss of $405.9 million for the first quarter of 2026, including $244 million in unrealized losses on its cryptocurrency holdings. As of March 31, the company held more than 9,542 bitcoin and 756 million CRO. It also recently transferred about $205 million in bitcoin to exchanges.