EconomyTrump Media’s quarterly loss widens to $238 million
Trump Media & Technology Group reported a second-quarter loss of $238 million, substantially wider than its $20 million loss a year earlier. The company was founded by U.S. President Donald Trump and is known for its Truth Social platform. It attributed much of the deterioration to unrealized losses connected with its cryptocurrency assets. The report describes those asset-related losses as the main factor behind the broader quarterly deficit.
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Reuters★★☆☆☆2026-08-11 09:05Original
Trump Media’s quarterly loss widens to $238 million
Economy