Trump Media Group Reports Q1 Net Loss of $406 Million, Underperformance Impacted by Unrealized Losses on Crypto Assets

Odaily reported that Trump Media & Technology Group (TMTG) has released its first-quarter financial results for 2026. The data shows that the company recorded a net loss of $405.9 million in Q1 on revenue of $871,200, with the loss widening compared to the same period last year, primarily due to unrealized losses on crypto asset holdings.

According to the financial report, TMTG currently holds 9,542 BTC, valued at approximately $767 million, with an average purchase cost of about $118,529. Additionally, the company holds 756.1 million CRO tokens, which cost approximately $113.9 million and currently have a fair value of around $53 million. To hedge against the volatility of crypto assets, TMTG also holds covered call options involving 4,000 BTC, of which 2,000 BTC have been used as collateral.